Premarket: Global stocks retreat after record highs

World stocks retreated from record highs on Thursday, as the feel-good factor of slowing U.S. inflation and somewhat comforting Fed signals made way for a fresh bout of politics- and tariffs-induced weakness in Europe.

A drop in bank stocks as well not only pointed to the market’s changed outlook on rates but also the uncertainty caused by this week’s sharp swing to the right in EU elections and France’s decision to call a snap parliamentary election. “And protectionism is something that got quite a bit of traction during the EU elections campaigns,” he added.

Wall Street futures were pointing to further gains there later, with the S&P expected to open 0.2 per cent higher and the Nasdaq 0.6 per cent better off. The closely watched CPI report earlier in the day had showed core U.S. prices growing at their slowest annual pace in over three years last month and analysts also took the view that those figures wouldn’t have been ready in time for the Fed’s forecasts.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Premarket: Global stocks wilt after U.S. bond yield jump as rate cut doubts resurfaceU.S. yields climbed after consumer confidence data came in stronger than expected and Fed’s Neel Kashkari said further rate hikes were still a possibility
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Premarket: Global stocks slide ahead of U.S. Fed minutes while crypto soarsGold eased back from Monday’s all-time peak, while crude oil declined on worries of U.S. interest rates staying high for longer
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Premarket: Global stocks drift after Fed officials hint interest rates may not fall soonLatest data show that U.S. labour market remains tight; U.S. futures pointing lowewr
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Premarket: Stocks advance ahead of Fed rate decision and U.S. inflation dataGreenback held firm ahead of a key U.S. inflation report and Federal Reserve policy decision that could determine the near-term outlook for interest rates
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Premarket: Stocks test footing ahead of U.S. inflation data, Fed meetingEuropean assets looked to stabilize a day after the announcement of a snap election in France had driven them lower
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »

Premarket: Stocks idle ahead of Fed’s preferred inflation figureGreenback steady against peer currencies ahead of inflation data
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »