A currency trader gives a thumps up near the screen showing the Korea Composite Stock Price Index at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, May 14, 2024. Asian shares were mixed in muted trading Tuesday, after U.S. stock indexes drifted to a mixed finish. – Global shares were mixed in muted trading Tuesday after U.S. stock indexes were little changed ahead of the release of inflation data.
“Today marks a significant day for both Germany and the U.S.A. as they are set to unveil crucial economic data,” said Luca Santos, market analyst at ACY Securities, referring to consumer price data from Germany and producer costs in the U.S. Other reports this week include updates on inflation that wholesalers are seeing and sales at U.S. retailers. They could show whether fears are warranted about a worst-case scenario for the country, where stubbornly high inflation forms a devastating combination with a stagnatingHopes have climbed that the economy can avoid what’s called “stagflation” and hit the bull’s eye where it cools enough to get inflation under control but stays sturdy enough to avoid a bad recession.
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Stock market today: Global shares are mixed in muted trading after Wall Street barely budgesGlobal shares are mixed in muted trading after U.S. shares finished little changed.
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Stock market today: Global shares mixed after Wall Street's lull stretches to a 2nd dayWorld shares are mixed after Wall Street’s lull stretched into a second day.
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Stock market today: Global shares mixed after Wall Street's lull stretches to a 2nd dayWorld shares are mixed after Wall Street’s lull stretched into a second day.
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Stock market today: Asian shares mixed in muted trading after Wall Street barely budgesAsian shares are mixed in muted trading after U.S. stock indexes were little changed. Investors are waiting for updates on inflation. Chinese markets were flat ahead of an expected announcement by the Biden administration on raising tariffs on imports from China. On Monday, the S&P 500 edged less than 0.1% lower.
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Stock market today: Asian shares mixed after Wall Street's lull stretches to a 2nd dayAsian shares are mixed after Wall Street’s lull stretched into a second day. China reported better than expected trade figures for April. U.S. futures were slightly lower and oil prices rose. On Wednesday, the S&P 500 closed little changed after a big three-day winning streak gave way to a slight gain the prior day.
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Stock market today: Tesla cruises higher as most of Wall Street drifts in mixed tradingU.S. stocks drifted to a mixed finish Wednesday as Wall Street’s momentum eased following some sharp swerves.
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