News Formal

Asian stocks fall ahead of U.S. inflation data

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 99%

United States News News

United States United States Latest News,United States United States Headlines

Asian stocks followed Wall Street lower Wednesday ahead of U.S. inflation data that traders worry will show upward pressure on prices still is too strong for the U.S. Federal Reserve to ease off interest rate hikes.

Wall Street's benchmark S&P 500 index lost 0.4% on Tuesday for its fourth daily decline following disappointing earnings reports.

On Wall Street, the S&P 500 fell to 4,122.47 while traders waited for more evidence of how aggressively the Fed might pursue more rate hikes. The Dow slipped 0.2% to close at 32,774.41. The Nasdaq dropped 1.2% to 12,493.93. The Russell 2000 ended down 1.5%, at 1,912.89.

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:

 /  🏆 1. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks up after U.S. job gain paves way for rate hikeGlobal stocks gained Monday after strong U.S. jobs data cleared the way for more interest rate hikes and Chinese exports rose by double digits. What?! I thought the glorious Trump was the ONLY reason for gains in the stock market.
Source: CTVNews - 🏆 1. / 99 Read more »