A Security member stands guard at one of the entrance of the New York Stock Exchange in New York, Tuesday, March 19, 2024. – Global shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates.
Hong Kong’s Hang Seng declined 0.2% to 16,473.64, while the Shanghai Composite fell 0.7% to 3,026.31. A top Japanese finance official expressed reservations about the recent surge in the U.S. dollar against the Japanese yen, fueling speculation about possible intervention in the market. The dollar has risen to nearly 152 yen, a jump from slightly above 130 yen a year ago. It was trading at 151.32 yen on Monday, down from 151.41 yen. The euro cost $1.0823, up from $1.0810.
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Stock market today: Global shares are mostly lower as investors pin hopes on rate cutsGlobal shares are mostly lower as investors await further indications of future U.S. interest rate cuts.
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Stock market today: Global shares trade mixed despite Wall Street's record rallyGlobal shares are mixed in muted trading as optimism set off by a record rally on Wall Street gradually ran out of momentum.
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Stock market today: Global shares rise after Wall Street rallies to recordsGlobal benchmarks are mostly higher after U.S. stocks rallied to records following indications from the Federal Reserve that it expects to deliver interest rate cuts later this year.
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Stock market today: Global shares rise after Wall Street rallies to recordsGlobal benchmarks are mostly higher after U.S. stocks rallied to records following indications from the Federal Reserve that it expects to deliver interest rate cuts later this year.
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Stock market today: Global shares trade mixed as investors look to central banksGlobal shares are mixed in lackluster trading. Benchmarks fell in Sydney, Hong Kong and Shanghai, while rising in Tokyo and Seoul. Prices of both Honda and Nissan finished higher Thursday after unconfirmed reports in Japanese media that the automakers are reaching a cooperative deal on electric vehicles. Both automakers declined comment.
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