Global shares trade mixed as market focus turns from Nvidia to US economy

France's CAC 40 edged up 0.4% in early trading to 7,607.05. Germany's DAX was little changed, inching up less than 0.1% to 18,798.50. Britain's FTSE 100 rose 0.2% to 8,361.47. U.S. shares were set to drift mostly higher with Dow futures up 0.4% at 41,345.00. S&P 500 futures stood virtually unchanged at 5,608.50.

Japan’s benchmark Nikkei 225 slipped less than 0.1% to 38,362.53. Australia’s S&P/ASX 200 declined 0.3% to 8,045.10. South Korea’s Kospi dipped 1.0% to 2,662.28. Hong Kong’s Hang Seng added 0.5% to 17,786.32, while the Shanghai Composite dropped 0.5% to 2,823.11.Beijing and Washington will plan for a phone call in the coming weeks between Chinese President Xi Jinping and U.S. President Joe Biden.

Economists expect the PCE, which is the Federal Reserve’s preferred measure of inflation, to show that inflation edged up to 2.6% in July from 2.5% in June. It was as high as 7.1% in the middle of 2022. The rate of inflation has been easing steadily back toward the central bank’s target of 2% since then, following the Fed’s aggressive interest rate hikes.Wall Street and the Fed are trying to gauge the resiliency of U.S. consumers amid the squeeze from inflation and high borrowing rates.

Lockheed-backed Electra.aero has appointed former Boeing executive Marc Allen as chief executive as it seeks to deliver on plans to develop hybrid-electric planes capable of operating from soccer-field-length runways. You can fly goods between warehouses without ever trucking the goods to the airport.Telegram repeatedly refuses to join child protection schemes

France Healthcare Statistics Databook Q2 2024: Detailed Analysis of Medical Staffing, Patient Statistics, Healthcare Facilities, Healthcare Spending Patterns and More

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Premarket: Global stocks near all-time peaks as Nvidia earnings loomInvestors proceed with caution ahead of chip maker’s quarterly report
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Nvidia stock surges as chip stocks lead market reboundNvidia shares rallied Thursday with the broader markets after an attempted rebound
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Asian shares mostly slip as market focus turns from Nvidia to US economyTOKYO (AP) — Asian shares mostly fell Thursday as market attention turned to upcoming data on the U.S. economy after Nvidia reported its financial results.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Nvidia to report Q2 earnings Wednesday in major test for AI tradeAI giant Nvidia will report its Q2 earnings after the bell on Wednesday.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Nvidia earnings 'absolutely key to the AI infrastructure trade'Why Nvidia’s results will be a “key” test for the AI trade.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

‘Super Bowl’ Nvidia earnings stand to test searing AI tradeThe rally in U.S. stocks faces an important test next week
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »