Stock market today: Asian stocks follow Wall Street higher ahead of Federal Reserve conference

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

BEIJING (AP) — Asian stocks followed Wall Street higher on Tuesday as traders waited for signs of interest rate plans from this week's Federal Reserve conference. Tokyo, Hong Kong and Seoul rose. Shanghai declined. Oil prices edged lower. Wall Street's benchmark S&P 500 index rose Monday for its first gain in five days as tech stocks rallied. Traders hope officials at the Fed's summer Jackson Hole, Wyoming, conference say they are finished raising interest rates that are at a two-decade high. Bu

BEIJING — Asian stocks followed Wall Street higher on Tuesday as traders waited for signs of interest rate plans from this week's Federal Reserve conference.Wall Street's benchmark S&P 500 index rose Monday for its first gain in five days as tech stocks rallied.

Fed Chair Jerome Powell “may even mention that further rate hikes cannot be entirely ruled out,” said Clifford Bennett of ACY Securities in a report. The Kospi in Seoul added 0.2% to 2,515.07 while Sydney's S&P-ASX 200 was less than 0.1% lower at 7,113.30.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street opens higher, clawing back some of August's lossesNEW YORK (AP) — Wall Street is ticking higher to claw back a bit of its deep losses for August so far. The S&P 500 was up 0.3% in early trading Monday, coming off its third losing week in a row. The Dow rose 21 points and the Nasdaq composite was up 0.4%. The relatively quiet trading followed a mixed performance for stock markets worldwide. The week’s main event for markets is likely to be a speech on Friday by Federal Reserve Chair Jerome Powell. The Jackson Hole, Wyoming, setting has been the
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street opens higher, clawing back some of August's lossesNEW YORK (AP) — Wall Street is ticking higher to claw back a bit of its deep losses for August so far. The S&P 500 was up 0.3% in early trading Monday, coming off its third losing week in a row.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street holds firmer after three-week slide as Big Tech stocks reboundNEW YORK (AP) — Wall Street closed mixed, holding a bit firmer following its three-week losing streak. The S&P 500 rose 0.7% Monday as gains for Tesla, Microsoft and other Big Tech stocks lifted the index.
Source: SooToday - 🏆 8. / 85 Read more »

Man killed in early morning shooting near Toronto’s Kensington MarketSpadina Avenue was closed from College Street to Nassau Street on Monday morning for the investigation
Source: globeandmail - 🏆 5. / 92 Read more »