News Formal

Stock market today: Asian stocks follow Wall Street higher ahead of Federal Reserve conference

  • 📰 AP
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Asian stocks have followed Wall Street higher as traders wait for signs of interest rate plans from this week’s Federal Reserve conference.

Fed Chair Jerome Powell “may even mention that further rate hikes cannot be entirely ruled out,” said Clifford Bennett of ACY Securities in a report.

The Kospi in Seoul added 0.2% to 2,515.07 while Sydney’s S&P-ASX 200 was less than 0.1% lower at 7,113.30. The Dow Jones Industrial Average slipped 0.1% to 34,463.69. The Nasdaq composite climbed 1.6% to 13,497.59.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts pound the table on these 5 stocksTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Amazon and Netflix.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »