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Global stocks mixed after Wall St breaks losing streak

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Shares rose in early European trading after closing mostly lower in Asia ahead of the release of consumer price data in the U.S.

FILE - An NYSE sign is seen on the floor at the New York Stock Exchange in New York, Wednesday, June 15, 2022. –

Germany's DAX edged 0.1% higher to 15,488.24 and the CAC 40 in Paris added 0.2% to 7,331.57. Britain's FTSE 100 gained 0.3% to 7,928.14. The future for the Dow Jones Industrial Average slipped 0.2% while that for the S&P 500 was down 0.3%.excluding volatile fresh foods, rose the most in 41 years in January. But the nominee to head its central bank, economist Kazuo Ueda, told lawmakers he favors keeping Japan’s benchmark interest rate near zero to ensure stable growth.

“Time is needed before the effects of monetary policy kick in,” Ueda told Parliament, noting the price rises are peaking.

 

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Asian stocks mixed after Wall Street breaks losing streakShares in Asia were mixed Friday after Wall Street broke its longest losing streak since December with a modest rally led by tech stocks.
Source: MarketWatch - 🏆 3. / 97 Read more »