FILE - A person looks at an electronic stock board at a securities firm in Tokyo, on May 27, 2024. Asian stocks were mixed on Tuesday, June 11, in a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve. FILE - The New York Stock Exchange is shown on May 21, 2024, in New York. World stocks are mostly lower on Monday, June 10, 2024, after a U.S. jobs report released Friday was hotter than expected.
Hong Kong’s Hang Seng sank 1.1% to 18,165.21, and the Shanghai Composite lost 0.9% to 3,023.46 after reopening from a public holiday. Markets remained cautious ahead of a report on inflation in China due out Wednesday.On Monday, the S&P 500 rose 0.3% to 5,360.79, topping its all-time high set last week. The Nasdaq composite also set a record after rising 0.3% to 17,192.53, while the Dow Jones Industrial Average gained 0.2% to 38,868.04.
Treasury yields were mixed in the bond market ahead of reports later in the week that will show whether inflation improved last month at both the consumer and wholesale levels. The last time Fed officials released such projections, in March, they indicated the typical member foresaw roughly three cuts to interest rates in 2024. That projection will almost certainly fall this time around. Traders on Wall Street are largely betting on just one or two cuts to rates in 2024, according to data from CME Group.
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Stock market today: Asian markets mixed following hotter-than-expected US jobs reportAsian markets are mixed in muted trading after a jobs report released Friday was hotter then expected.
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Stock market today: Asian markets mixed following hotter-than-expected US jobs reportAsian markets are mixed in muted trading after a jobs report released Friday was hotter then expected.
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Stock market today: Asian markets mixed following hotter-than-expected US jobs reportAsian markets are mixed in muted trading after a jobs report released Friday was hotter then expected. The euro sank after far-right parties made major gains in parliamentary elections Sunday, leading French President Emmanuel Macron to announce Sunday he was dissolving the parliament and calling a snap election. U.S. futures and oil prices rose.
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Stock market today: Asian stocks are mixed ahead of key U.S. jobs dataAsian stocks are mixed after a steady day on Wall Street as markets anticipate key U.S. jobs data to be revealed later in the day. U.S. futures and oil prices rose. Japan’s household spending grew for the first time since February 2023. The S&P 500 ended just barely lower Thursday, a day after setting a record high for the 25th time this year.
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Stock market today: Asian stocks trade mixed after Wall Street logs modest gainsAsian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street. Shares slipped Wednesday in Tokyo, Hong Kong and Shanghai, but rose in Sydney and Seoul. On Tuesday, the S&P 500 rose 0.2%, though most stocks within the index fell. The Dow Jones Industrial Average rose 0.
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Stock market today: Asian shares decline after a mixed post-holiday session on Wall StreetShares have fallen across Asia after a mixed session on Wall Street. Oil prices also rose. The International Monetary Fund raised its forecast for China's economic outlook, saying it expects the No. 2 economy to grow at a 5% annual pace this year. On Tuesday, the S&P 500 closed little changed, just below its record set a week ago.
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