Stocks near flat to higher; dollar touches lowest since late February

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Stock indexes globally were flat to higher on Tuesday with technology shares recovering on Wall Street, while the U.S. dollar touched its lowest ...

Stock indexes globally were flat to higher on Tuesday with technology shares recovering on Wall Street, while the U.S. dollar touched its lowest level since late February.19 May 2021 01:55AMNEW YORK: Stock indexes globally were flat to higher on Tuesday with technology shares recovering on Wall Street, while the U.S. dollar touched its lowest level since late February.

Fed Vice-Chair Richard Clarida on Monday pointed to the weak April jobs report as proof of weakness in the economy.Several Fed policymakers are expected to speak this week and the U.S. central bank is due on Wednesday to release the minutes from its April policy meeting, which will be read closely for any indications about where monetary policy is headed this year.

"That's going to be bearish for the dollar. You'll eventually see commodity-based currencies outperforming," Moya said.The progress of COVID-19 vaccine deployment and easing of measures to contain the pandemic have lifted higher-risk currencies that stand to benefit most from economic revival. On Wall Street, the Dow Jones Industrial Average fell 76.61 points, or 0.22per cent, to 34,251.18, the S&P 500 lost 5.04 points, or 0.12per cent, to 4,158.25 and the Nasdaq Composite added 57.71 points, or 0.43per cent, to 13,436.76.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks extend losses following Fed minutes; yields riseStock indexes globally added to declines in choppy trading on Wednesday following the release of minutes from the latest U.S. Federal Reserve ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

Crypto crash deepens, stocks slipGlobal stocks slipped and cryptocurrencies sank deeper on Wednesday as a threat of unwanted inflation had investors shy away from assets seen as ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »

Taiwan reassures on economy as stocks fall amid COVID-19 spikeTAIPEI: Taiwan's economic fundamentals are good with demand for export orders strong and production activities normal, the premier said on Monday ...
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »