Asian shares follow Wall St higher as markets await a rate decision by the Fed

Asian shares follow Wall St higher as markets await a rate decision by the Fed

HONG KONG (AP) — Asian shares closed mostly higher while European markets opened lower Wednesday as investors awaited the latest signals from the Federal Reserve on the timing of cuts to interest rates. The FTSE 100 in London slipped 0.1% to 7,729.13 after British inflation in February came in below expectations at 3.4%, marking its … Read more

Wall Street drifts near its records amid a worldwide lull for markets

Wall Street drifts near its records amid a worldwide lull for markets

NEW YORK (AP) — U.S. stocks drifted to a mixed finish Wednesday, as a lull carried through financial markets worldwide. The S&P 500 slipped 9.96 points, or 0.2%, from its all-time high set a day before to 5,165.31. The Dow Jones Industrial Average rose 37.83, or 0.1%, to 39,043.32 and pulled within 90 points of … Read more

Global shares are mixed after US inflation data pulls Wall Street lower

Global shares are mixed after US inflation data pulls Wall Street lower

NEW YORK (AP) — Stocks recovered much of their sharp losses from a day before, triggered by worries that interest rates will stay high for months longer than hoped. The S&P 500 rose 1% Wednesday, good for more than two-thirds of its loss from Tuesday following a hotter-than-expected report on inflation. The Dow Jones Industrial … Read more

Asian shares mostly higher ahead of US price update, OPEC+ meeting

Asian shares mostly higher ahead of US price update, OPEC+ meeting

HONG KONG (AP) — Asian shares declined on Friday even after Wall Street closed out its best month of the year with big gains in November. U.S. futures rose while oil prices continued to drop despite the latest extension of OPEC’s production cuts. Even with continued cuts to output, other producers such as the U.S. … Read more

Asian shares mostly decline, as investors watch spending, inflation

Asian shares mostly decline, as investors watch spending, inflation

The major U.S. stock indexes ended slightly lower Monday as Wall Street looks ahead to updates on inflation and how American consumers are feeling about the economy. The S&P 500 slipped 0.2%. The benchmark index was coming off a holiday-shortened week in the U.S. and its fourth straight winning week. The Dow Jones Industrial Average … Read more

Asian shares are mixed, as Hong Kong retreats on selling of property shares

Asian shares are mixed, as Hong Kong retreats on selling of property shares

Stocks drifted to a mixed finish Friday after a half-day trading session capped a holiday shortened week that left the major indexes with their fourth straight winning week. The S&P 500 inched up 0.1% after wavering between small gains and losses much of the day. The Dow Jones Industrial Average added 0.3% and the Nasdaq … Read more

Asian shares slip in cautious trading following a weak close on Wall Street

Asian shares slip in cautious trading following a weak close on Wall Street

Stocks closed broadly higher on Wall Street Wednesday, keeping the market on pace for a fourth straight winning week. The S&P 500 rose 0.4%, with nearly all of its sectors notching gains on the final day of trading ahead of the Thanksgiving holiday in the U.S. The Dow Jones Industrial Average and the Nasdaq composite … Read more

Asian stocks pulled lower by profit warnings and signs the US economy is slowing

Asian stocks pulled lower by profit warnings and signs the US economy is slowing

NEW YORK (AP) — Wall Street is drifting in quiet trading on Friday as its scorching November rolls toward the close of a third straight winning week. The S&P 500 was virtually unchanged in afternoon and near its highest level in three months. The Dow Jones Industrial Average was down 17 points, or 0.1%, as … Read more

Asian shares rebound following latest tumble on Wall Street. Oil prices gain $1

Asian shares rebound following latest tumble on Wall Street. Oil prices gain $1

NEW YORK (AP) — Wall Street slipping Friday following the latest batch of corporate earnings and some mixed readings on the U.S. economy. The S&P 500 was 0.6% lower in afternoon trading, coming off its ninth loss in 11 days and its lowest level in five months. The Dow Jones Industrial Average was down 339 … Read more

Asian markets sink, with Hong Kong down almost 3% on selling of property stocks

Asian markets sink, with Hong Kong down almost 3% on selling of property stocks

NEW YORK (AP) — Wall Street fell sharply Tuesday as it focused on the downside of a surprisingly strong job market. The S&P 500 dropped 1.4% to its lowest point in four months. The Dow Jones Industrial Average tumbled 430 points, or 1.3% and wiped out the last of its gains made for the year … Read more