Stock futures were sliding Friday, while the Mideast pushed oil prices higher and bond yields pulled back from record highs
Brent crude was up 1.24% to $93.53 a barrel, while West Texas Crude climbed 1.49% to $90.70, sparked by the Israel-Hamas war. Israel continues to signal they are moving toward a ground invasion of the Gaza Strip. Powell remarks, which included a nod to softer inflation data set against the resilient domestic economy, suggest a further indication of the Fed's"wait and see" stance on near-term rate hikes, following a series of data releases showing stronger-than-expected retail sales, a resilient job market and above-trend economic growth.
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:
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.
Stock Market Today: Tesla Stock Sinks, Netflix Surges and Earnings Deluge ContinuesGovernment bonds sell off again; Netflix stock surges premarket
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market Today: Morgan Stanley, P&G Earnings in SpotlightOil prices rally; Treasury yields hold above 4.8%
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market News Today: Dow Opens Lower; Morgan Stanley, P&G Earnings in Spotlight -- Live UpdatesLive coverage of stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »
Stock Market Today: Dow falls as Nvidia weakness, jump in Treasury yields biteStock Market Today: Dow falls as Nvidia weakness, jump in Treasury yields bite
Source: Investingcom - 🏆 450. / 53 Read more »
Stock Market News Today: Dow, S&P 500 Close Lower; Nvidia, Netflix Stocks in FocusLive coverage of stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »
Stock market today: Asian shares follow Wall Street lower, and Japan reports September exports roseShares have tumbled in Asia following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks. Worries about war in the Middle East also have been dragging on markets. Benchmarks in Hong Kong, Tokyo and Seoul fell about 2%.
Source: AP - 🏆 728. / 51 Read more »