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

‘Past Lives,’ ‘May December’ and ‘American Fiction’ lead Spirit Award nominations

‘Past Lives,’ ‘May December’ and ‘American Fiction’ lead Spirit Award nominations

Celine Song’s “Past Lives,”Todd Haynes’ “May December” and Cord Jefferson’s “American Fiction” got a leading five nominations, including best feature, from the Film Independent Spirit Awards. Natalie Morales and Joel Kim Booster announced the nominees Tuesday on a YouTube livestream. Song’s quietly romantic film, starring Greta Lee and Teo Yoo as childhood friends who reconnect … Read more

Asian shares slip after Wall Street ends its best month of ’23 with big gains

Asian shares slip after Wall Street ends its best month of ’23 with big gains

NEW YORK (AP) — Stocks drifted lower in morning trading on Wall Street Friday as the market comes off its best month in more than a year. The S&P 500 slipped 0.1%. The Dow Jones Industrial Average rose 57 points, or 0.2% to 36,011 as of 10:01 a.m. Eastern. The Nasdaq fell 0.3%. Big communication … 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

If you haven’t started your Thanksgiving trip, you’re not alone. The busiest days are still to come

If you haven’t started your Thanksgiving trip, you’re not alone. The busiest days are still to come

The late crush of holiday travelers is picking up steam, with about 2.7 million people expected to board flights on Wednesday and millions more planning to drive to Thanksgiving celebrations. Airline officials say they are confident they can avoid the kind of massive disruptions that have marred past holiday seasons, such as the meltdown at … 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