TOKYO — Asian shares were mixed in muted trading Tuesday after U.S. stock indexes were little changed ahead of the release of inflation data.
“Despite their different focuses, both indices offer insights into how inflation is shaping society,” said Santos. Biopharmaceutical company Incyte jumped 8.6% after saying it would buy back up to $2 billion of its stock. It’s the latest big company to say it’s returning cash to shareholders through such purchases, which boost the amount of earnings that each remaining share is entitled to.its main interest rate later this year. A key test for those hopes will arrive Wednesday, when the U.S. government offers the latest monthly update on inflation that households are feeling across the country.
In other trading, benchmark U.S. crude added 12 cents to $79.24 a barrel. Brent crude, the international standard, rose 12 cents to $83.48 a barrel.This dividend stock is still down by 36% in the last year but offers even more growth after taking a year to balance the books. The post Should You Buy This 7% Dividend Stock While it’s Below $6? appeared first on The Motley Fool Canada.
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