Japan's Nikkei 225 index lost 1.2% to 38,646.11 and the Hang Seng in Hong Kong fell 1.5% to 18,589.89.
One report suggested growth in U.S. business activity is running at its fastest rate in more than two years. S&P Global said its preliminary data showed growth improved for businesses not only in the services sector but also in manufacturing.The Fed is trying to pull off the difficult feat of slowing the economy enough through high rates to get inflation back to 2% but not so much that it forces a painful recession.
Nvidia also increased its dividend as its CEO, Jensen Huang, touted how “the next industrial revolution has begun.” A high-yield TSX dividend stock is a buying opportunity for long-term investors. The post 1 Magnificent TSX Dividend Stock Down 9% to Buy and Hold Forever appeared first on The Motley Fool Canada.The Bank of Canada may dash hopes of a June interest rate cut and instead move in July, which will give it seven more weeks of key data to confirm the recent trend of a slowing economy and continued easing of inflation, some economists said.
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian shares edge lower after Wall Street sets more recordsHONG KONG (AP) — Asian markets were mostly lower in cautious trading on Wednesday after U.S. stocks hit new record highs. U.S. futures and oil prices slipped...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian stocks advance after Wall Street closes out another winning weekHONG KONG (AP) — Asian stocks advanced Monday after U.S. stock indexes drifted around their records on Friday with the Dow Jones Industrial Average closing...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian markets follow Wall Street higher ahead of key inflation updateHONG KONG (AP) — Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high. A report...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian shares mixed in muted trading after Wall Street barely budgesTOKYO (AP) — Asian shares were mixed in muted trading Tuesday after U.S. stock indexes were little changed ahead of the release of inflation data. Japan's...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian stocks drift after Wall Street closes another winning weekHONG KONG (AP) — Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. U.S. futures were mixed and oil...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian shares mixed after Wall Street's lull stretches to a 2nd dayHONG KONG (AP) — Asian shares were mixed on Thursday after Wall Street’s lull stretched into a second day, with Chinese benchmarks rising after China...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »