Asian Stocks Set to Drop After Jobs Data, Fedspeak: Markets Wrap

-- Asian stocks are set to drop after mixed US jobs data and a noncommittal Federal Reserve added to concerns the central bank may have waited too long to cut interest rates.Equity futures in Australia, Japan and China point to steep losses in early trading. US equity futures edged lower after the S&P 500 fell 1.7% on Friday. The dollar was steady against major peers as traders priced in a roughly one-quarter chance of a 50-basis point Federal Reserve rate cut.

September is proving a volatile month for markets as global stocks and commodities slumped amid fears of tepid global growth. More unease is likely as Chinese inflation and producer prices data later Monday may highlight the economic malaise that policymakers are struggling to counter. The People’s Bank of China kept its buying of gold on hold a fourth month in August, a further sign that prices near record highs are crimping global central bank demand.

Bryce Young threw an interception on the Panthers’ first offensive play and it got no better after that, as Carolina lost 47-10 to New Orleans in the Week 1 opener.Jannik Sinner beats Taylor Fritz in the US Open men's final just weeks after his doping exoneration

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Asian stocks decline, following Wall Street's drop on worries about the economyHONG KONG (AP) — Asian stocks tumbled Wednesday after Wall Street had its worst day since early August, with the heavyweight Nvidia falling 9.5%, leading to ...
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Asian stocks mixed after Wall Street extends losses as technology and energy stocks fallHONG KONG (AP) — Asian markets were mixed Thursday following a global sell-off a day earlier, as Wall Street declined in the technology, energy and other...
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Asian Stocks Set to Fall as Tech Drags Wall Street: Markets Wrap(Bloomberg) -- Asian equities are poised to come under pressure Tuesday after technology stocks dragged down Wall Street as traders repositioned ahead of...
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Asian Stocks Set to Slide as Nvidia Disappoints: Markets Wrap(Bloomberg) -- Stocks in Asia slipped as Nvidia Corp. earnings lacked the wow factor to impress investors, while Chinese results helped extend a selloff in...
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Asian Stocks Eye Mixed Start as Volatility Wanes: Markets Wrap(Bloomberg) -- Asian stocks were poised for a mixed open on Monday as traders shifted focus to key US data prints this week after a volatile start to August....
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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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