Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation report

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Asian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September.

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The drops for Big Tech stocks also pulled the Nasdaq composite down 2% from its own record. The drops broke seven-day winning streaks for both the S&P 500 and Nasdaq composite. The Dow Jones Industrial Average, which has less of an emphasis on tech, rose 32 points, or 0.1%. Wall Street wants lower interest rates to release pressure that’s built up on the economy because of how expensive it’s become to borrow money toWall Street saw Thursday’s report, which showed milder price increases than expected from a year earlier for gasoline, cars and other things U.S. consumers bought during June, as providing just that.

 

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Stock market today: Asian stocks are mixed after Wall Street edges to more recordsAsian stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession. U.S. futures were mixed and oil prices fell. On Tuesday, the S&P 500 rose 0.3% to hit another all-time high. The Dow Jones Industrial Average edged up 0.
ذریعہ: AP - 🏆 728. / 51 مزید پڑھ »

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportAsian stocks are mixed, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September. U.S. futures and oil prices rose in Friday trading. The dollar lost 2.
ذریعہ: AP - 🏆 728. / 51 مزید پڑھ »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
ذریعہ: wjxt4 - 🏆 246. / 63 مزید پڑھ »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run.
ذریعہ: ksatnews - 🏆 442. / 53 مزید پڑھ »

Stock market today: Asian shares lower after Wall Street closes another winning weekAsian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run. U.S. futures and oil prices dropped. The yen weakened to 159.93 per dollar during morning trading. The S&P 500 slipped 0.
ذریعہ: AP - 🏆 728. / 51 مزید پڑھ »

Stock market today: Asian shares mostly rise, boosted by Wall Street records as Tesla zoomsAsian shares are trading mostly higher after Tesla zoomed upward, helping drive the U.S. stock market to more records. Benchmarks rose Wednesday in Tokyo, Seoul, Sydney and Hong Kong, but fell in Shanghai. Asian investors were cheered by hopes for an interest rate cut in the U.S.
ذریعہ: AP - 🏆 728. / 51 مزید پڑھ »