LONDON/SINGAPORE, May 24 - Global stocks slipped on Friday, heading for a weekly loss, after data signalling a rebound in U.S. inflation outweighed a boost to sentiment in the wake of strong earnings from artificial intelligence giant Nvidia.
The AI giant's shares have gained 12% this week, but failed to lift broader sentiment after surveys showed U.S. business activity was improving but companies were also reporting higher prices across a sweep of input categories, from timber to wages. Traders expect just 35 basis points of Fed rate cuts in 2024, versus 150 bps at the start of the year. .
Ross Yarrow, managing director of U.S. equities at investment bank Baird, said it was not the time to sell out of the tech stocks that dominate U.S. and world equity markets. The dollar index , which measures the U.S. currency against a basket of six major peers, was up 0.4% on the week to 105.06, its largest one-week rise since mid-April. . The dollar has gained 0.4% against the euro and about 0.9% versus Japan's flailing yen.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
Fad stocks vs. trend stocks: ExplainedAre you considering venturing into the stock market? You may want to be cautious about fad and trend stock investments. Fad stocks are often characterized by...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »
Stock market news: Tech rally drives up stocks as earnings roll inA renewed rally in some of the world’s largest technology companies propped up the U.S. stock market, with traders weighing another big batch of corporate earnings.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »
Stock market news: U.S. futures sink before data as tech stocks retreatTechnology stocks dragged down U.S. equity futures on Thursday after a disappointing outlook from Meta Platforms Inc. cranked up the pressure on other tech giants in a high-stakes earnings week.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »
Oil price news: Oil trades near 3-month low on rising stocks and hawkish FedOil steadied near the lowest closing level in three months as traders weighed rising U.S. crude stockpiles and signs that the U.S. Federal Reserve may hold interest rates higher for longer.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »
A Heavy Monsoon Season Is Great News for These Indian StocksStocks of Indian firms that earn a large chunk of their revenues from the nation’s hinterland are showing signs of a revival, as traders bet that bountiful monsoon rains will lead to better crop yields and boost rural demand.
แหล่ง: BNNBloomberg - 🏆 83. / 50 อ่านเพิ่มเติม »
A Heavy Monsoon Season Is Great News for These Indian Stocks(Bloomberg) -- Stocks of Indian firms that earn a large chunk of their revenues from the nation’s hinterland are showing signs of a revival, as traders bet...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »