Stock Market Today: Asian shares retreat after Trump's victory as focus turns to the Fed

  • 📰 SooToday
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 85%

México Noticias Noticias

México Últimas Noticias,México Titulares

Shares retreated in Asia early Thursday after U.S. stocks stormed to records as investors wagered on what Donald Trump’s return to the White House will mean for the economy and the world.

Markets also were turning their attention to the Federal Reserve’s decision on interest rates, due later in the day.

Investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Higher tariffs on imports from China would add to the burdens Beijing is facing as it struggles to revive slowing growth in the world's second-largest economy. The S&P 500 rallied 2.5% to 5,929.04 for its best day in nearly two years. The Dow Jones Industrial Average surged 3.6% to 43,729.93, while the Nasdaq composite jumped 3% to 18,983.47. All three indexes topped records they had set in recent weeks.

Investors expect the incoming president's policies, particularly higher tariffs, to fan inflation and add costs to U.S. household bills. Sharp cutbacks in immigration could also leave businesses shorthanded, forcing companies to raise wages for workers faster and put more upward pressure on prices.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 8. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market today: Asian shares gain as China releases plan for market supportBANGKOK (AP) — Asian shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Asian markets are mixed after another winning close on Wall StreetBANGKOK (AP) — Asian shares were mixed on Monday after U.S. stocks rose to records to close out their latest winning week. U.S. futures also were mixed and...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Asian shares are mixed after Wall St powers to more recordsBANGKOK (AP) — Asian shares were mixed on Tuesday after Wall Street rolled to more records, with Hong Kong's benchmark losing more than 4%.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Asian shares are mostly higher after Wall St powers to more recordsBANGKOK (AP) — Asian shares advanced on Tuesday after Wall Street rolled to more records, though markets in China were mostly lower.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Asian markets are mostly higher after another winning close on Wall StreetBANGKOK (AP) — Asian shares have opened mostly higher after U.S. stocks rose to records to close out their latest winning week. U.S. futures and oil prices...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stock market today: Asian shares rise after Wall Street rally, and China promises a briefingTOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »