Stock market today: Asian shares rise after Wall Street rallies to records

Shipments of cars and electrical machinery increase, helping to trim the trade deficit to about half of what it was a year earlier, at 379 billion yen .

The Dow Jones Industrial Average jumped 1% to 39,512.13 and the Nasdaq composite roared 1.3% higher to 16,369.41. Both also hit records. The Fed has dangerously little room for error. Cutting rates too early risks allowing inflation to reaccelerate, but cutting too late could lead to widespread job losses and a recession.

Traders had already given up on earlier hopes for the Fed to begin cutting in March. The worry is that if the Fed waits too long into the summer, a rate cut might appear politically motivated if it comes just ahead of U.S. elections set for November. Vladimir Putin overcame sanctions by selling oil to India and China and spending heavily on its military, but questions remain for Russia's economy.This dividend stock is finally getting back on the straight and narrow after reporting a stronger bottom line, leading many to grab that dividend! The post 1 Dividend Stock Down 49% to Buy Right Now appeared first on The Motley Fool Canada.

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Stock market today: Stocks retreat as Wall Street weighs hot inflation's impact on FedInvestors are weighing whether two big hot inflation prints will prompt a Fed rethink on rate cuts as its March policy meeting looms.
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