Global stocks drop as Fed signals slower pace of rate cuts
A gauge of global stocks was set for its biggest weekly drop in two months and the 10-year U.S. Treasury yield hit its highest level in 5-1/2 months on Friday …
economic data
Yen mired in political uncertainty; dollar looks to key data releases
The yen languished near a three-month trough on Tuesday as the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections raised uncertainty about the nation’s political and …
Wall St Week Ahead: Investor focus turns to data, election, earnings after Fed cut
A roaring rally in U.S. stocks will face a gauntlet of economic data, looming political uncertainty and a corporate earnings test in coming weeks as investors navigate one of the …
S&P 500 ends little changed as early gains fade before Fed decision
U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors braced for the first …
Dollar set to snap 5-week losing streak as Fed cut bets pared
The dollar traded near a one-week high versus major peers on Friday, on track to snap a five-week losing run, after robust economic data pared bets for aggressive Federal Reserve …
asian markets today: Asian stocks advance as S&P 500 closes above 5,500: Markets wrap
Stocks in Asia rose as traders weighed prospects for Federal Reserve interest-rate cuts after Jerome Powell cited signals that the US is back on a disinflationary path. Equity benchmarks climbed …
Asia stocks gain, dollar drifts as inflation tests await
Asian stocks rose on Friday and were poised for the fourth month of gains, while the dollar drifted lower, keeping the yen steady as investors await inflation readings from Europe …
US stocks fall despite Nvidia boost as inflation concerns weigh
U.S. stocks ended lower on Thursday, even as a strong revenue forecast for Nvidia fueled a surge in its shares, but that was overshadowed by economic data showing inflation was …
Rupee: Rupee closes at 6-month high of 82.83 on strong inflows, weaker dollar
Mumbai: The rupee Wednesday closed at its strongest level versus the US dollar in six months as disappointing American economic data caused the greenback to weaken globally while overseas investors …
Wall St Week Ahead: Fed, earnings and economic data to test US stocks at record highs
The U.S. stock market’s strong start to the year faces a major test next week in a stretch packed with big tech earnings, the Federal Reserve’s monetary policy meeting and …