American flags hang from the front the New York Stock Exchange, right, on Thursday, April 11, 2024 in New York. Shares in Europe and Asia are mostly lower after U.S. stocks fell following another release of hotter than expected inflation data. The Federal Reserve has been waiting for more evidence to show inflation is heading sustainably down toward its goal of 2%, but the past three months have shown that prices remain elevated.
In equities trading, CarMax skidded 9.5% after the used car retailer's fourth-quarter sales and profit failed to meet Wall Street's expectations. Sales and profit both fell from a year ago as higher interest rates gave car shoppers pause. Elsewhere in Asia, Tokyo's Nikkei 225 lost 0.4% to 39,442.63 and the Hang Seng in Hong Kong edged 0.1% lower, to 17,118.27.Bangkok's SET lost 0.3% and Taiwan's Taiex was down 0.1%.
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:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Global shares trading mixed after Wall Street’s momentum coolsGlobal shares are mixed in muted trading, as a wait and see mood prevails in markets around the world.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares trading mixed after Wall Street’s momentum coolsAsian shares were mixed in muted trading, as buying in some markets was soon erased by profit-taking. Japan’s benchmark Nikkei 225 finished little changed Tuesday. Shares fell in Sydney, but rose in South Korea and China. Wall Street edged back further from its record heights reached last week. The S&P 500 slipped 0.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul Monday. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian shares trade mixed after Wall Street closes near record finishAsian shares are trading mixed as investors await further indications of future U.S. interest rate cuts. Chinese markets rose while shares fell in Tokyo and Seoul. The Chinese yuan dipped to its lowest level in four months. Oil prices advanced and U.S. futures were lower.
Source: AP - 🏆 728. / 51 Read more »