Investing.com-- Most Asian stocks kept to a tight range on Tuesday as anticipation of key U.S. inflation data deterred any major trades, while Chinese markets retreated as another major property developer defaulted on bond payments.
The firm also clocked a sharp decline in sales in the first four months of 2024, as a property market slump showed little sign of easing. Inflation is also expected to remain well above the Fed’s 2% annual target rate, giving the central bank little impetus to immediately begin trimming rates.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
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Stock market today: Asian shares mostly higher, though China benchmarks falterAsian markets forged higher Tuesday after another day of gains on Wall Street, although Hong Kong's benchmark faltered. U.S. futures were nearly flat and
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Stock market today: Asian shares mostly higher, though China benchmarks falterAsian markets are mostly higher, although Chinese shares faltered. U.S. futures and oil prices edged higher. On Monday, U.S. stocks added to their gains from last week as technology stocks led the way once again. The S&P 500 climbed 1% and the Dow Jones Industrial Average rose 0.5%. The Nasdaq composite added 1.2%.
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Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020.
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Stock market today: Asian shares shrug off Wall St blues as China leaves lending rate unchangedMarkets in Asia apart from Shanghai’s are broadly higher, shrugging off the blues on Wall Street after big technology stocks logged their worst week since the COVID crash in 2020. Oil prices fell while U.S. futures advanced. Shares fell in Shanghai after China's central bank left its 1 and 5-year lending rates unchanged.
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »