Business Maverick: Stocks Pare Gains in Countdown to Jackson Hole: Markets Wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 84%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Stocks pared gains, with data painting a mixed picture of the economy and traders awaiting a key speech by Federal Reserve Chair Jerome Powell on Friday.

The S&P 500 cut its advance by about half in another session of below-average volume. The Nasdaq 100 outperformed major benchmarks amid a rally in marquee names like Apple Inc. and Amazon.com Inc., though Tesla Inc. whipsawed as its stock split took effect. The dollar fell, while Treasury 10-year yields remained near 3.1%.in the first half of 2022, data showed Thursday, underpinning further debate on the health of the economy.

Kansas City Fed President Esther George joined the chorus of hawkish policy makers in the run-up to Jackson Hole, telling Bloomberg TV the central bank’s benchmark may have to riseto defeat inflation. The message has eroded a bounce in stocks and bonds from mid-June troughs. The tension in markets is whether those assets will continue to head back toward the lows of the year.

“Powell is likely to push back on premature expectations of a dovish pivot, reiterating the focus on the fight against high inflation,” said Silvia Dall’Angelo, a senior economist at Federated Hermes Ltd. “Whether markets take him seriously amid an increasingly gloomy outlook for the global economy is yet to be seen.”with a further 1 trillion yuan of measures.

Crude oil held around $95 a barrel, with elevated energy prices feeding into renewed jitters about whether price pressures have peaked.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Business Maverick: Stocks dip, dollar rises as Fed path stirs caution: markets wrapAn Asian stock index dipped and the dollar climbed on Wednesday as investors assessed the likely pace of Federal Reserve monetary tightening and mounting signs of an economic slowdown. Amazing personality with great leadership qualities Lauren Flores I believe her...hands and success followed. Initially I deposited $4,000 and in couple of days I got my profit she credibility can't be overlooked. Thank you Lauren_Flores_1
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »

Asian stocks slip, dollar strengthens on Fed’s hawkish stanceMSCI’s index of Asian shares outside Japan fell 0.2%, on track for the index’s eight successive daily drop
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

Global stocks fall as Euro hits new 20-year lowGlobal stocks were down on Tuesday as the euro dove to a new two-decade low against the dollar. Information is the key to success I’m now seeing more doors of blessings on my first and second trail I got my profit back Gabriel_FOS1 Information is the key to success I’m now seeing more doors of blessings on my first and second trail I got my profit back Gabriel_FOS1 What a happy pay day. I received my payout today and I’m so happy to be a member of your company thank you Lauren_Flores_1
출처: eNCA - 🏆 49. / 51 더 많은 것을 읽으십시오 »

Business Maverick: Stocks Drift Sideways After Weak Economic Reports: Markets WrapStocks struggled for direction, with traders sifting through weak economic data and awaiting more clarity on the Federal Reserve’s monetary policy path from the Jackson Hole central bankers’ symposium later this week.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »

Business Maverick: Big Tech Leads Stocks Higher Before Jackson Hole: Markets WrapTech megacaps outpaced the broader stock market, with traders awaiting Jerome Powell’s speech on Friday for clues on how hawkish the Federal Reserve will be in the face of mounting economic challenges.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »

Business Maverick: Stocks up as traders mull China move, await Powell: markets wrapAn Asian stock index rose on Thursday as investors evaluated China’s latest steps to shore up its economy and awaited a key speech by Federal Reserve Chair Jerome Powell about the monetary policy outlook.
출처: dailymaverick - 🏆 3. / 84 더 많은 것을 읽으십시오 »