FILE - A person looks at an electronic stock board showing Japan's Nikkei index at a securities firm in Tokyo, on Sept. 9, 2024. – Asian stocks were mixed on Monday with several key markets closed for a holiday, after U.S. stocks finished their best week of the year and climbed to the cusp of their records.
Investors will closely watch the Federal Reserve’s policy meeting on Tuesday and Wednesday, when the central bank is expected to announce its first interest rate cut since 2020. The Bank of Japan’s policy meeting on Thursday and Friday is expected to leave Japan's rate unchanged. The Dow Jones Industrial Average jumped 0.7% to 41,393.78 and the Nasdaq composite added 0.7% to 17,683.98.
How much to cut rates by will be a delicate balancing act for the Fed: Lowering them relieves pressure on the economy but can also give inflation more fuel. Reportsshowed some underlying upward pressure may remain on inflation, which initially pushed traders to ratchet back expectations for the size of the Fed’s upcoming move.
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Stock market today: Asian benchmarks dip after Wall Street's mixed finishAsian shares are trading mostly lower after Wall Street drifted to a mixed finish. Benchmarks fell early Wednesday in Tokyo, Seoul, Sydney, Hong Kong and Shanghai. Investors were watching for any market impact from the debate between Vice President Kamala Harris and former President Donald Trump. The U.S.
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Stock market today: Asian benchmarks dip after Wall Street's mixed finishAsian shares are trading mostly lower after Wall Street drifted to a mixed finish.
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Stock market today: Asian benchmarks dip after Wall Street's mixed finishAsian shares are trading mostly lower after Wall Street drifted to a mixed finish.
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Asian stocks are mixed after Wall Street's best week of the yearAsian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday.
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Asian stocks are mixed after Wall Street's best week of the yearAsian stocks are mixed as investors ponder the upcoming meeting of the Federal Reserve, while Wall Street coasted to the close of its best week since November with a slight uptick in U.S. stocks Friday.
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Asian stocks are mixed after Wall Street’s best week of the yearAsian stocks were mixed Monday as investors ponder the upcoming meeting of the Federal Reserve, following Wall Street's best week since November with a
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