Stocks in Asia followed US benchmarks higher ahead of a slew of Chinese data, after strong US economic reports revived speculation the Federal Reserve will be able to engineer a soft landing. Equities in Australia rallied the most in two weeks while Japanese and Korean shares also climbed. Futures...
U.S. stock futures climbed Thursday morning as traders prepared for the August producer price index, a measure of wholesale inflation. Futures tied to the Dow Jones Industrial Average added 47 points or 0.15%. S&P 500 futures ticked up 0.23%, while Nasdaq 100 futures inched 0.38% higher. During...
Asia-Pacific markets rose across the board even as inflation in the U.S. inflation rate in August came in hotter than expected, at 3.7% compared to economists’ expectations of 3.6% in a Dow Jones survey. Month-on-month, the consumer price index rose 0.6% in August, in line with...
Asian equities were mixed before US inflation data for August that may give a better guide on the future path for Federal Reserve interest rates. Oil traded near a 10-month high amid strains in global supplies. Stocks climbed in South Korea and Japan, but fell in Australia. Japanese equities were boosted...
The Nasdaq closed sharply higher on Monday as Tesla surged on optimism around artificial intelligence and investors awaited inflation data due later this week. Tesla (TSLA.O) rallied after Morgan Stanley upgraded the electric car maker to "overweight" from "equal-weight," saying its Dojo supercomputer could boost the...
Hong Kong opened with big losses Monday morning as investors returned from an extended weekend to play catch-up with a sell off last week fuelled by US interest rate worries. The Hang Seng Index sank 1.43 percent, or 260.42 points, to 17,941.65. The Shanghai Composite Index edged...
Most Asia-Pacific markets were mostly lower at the start of a week where key economic data from major economies will take center stage. On Tuesday, India will release its inflation and industrial output figures for August, while China will announce its industrial output, retail sales, and...
U.S. stocks finished mostly lower on Thursday with the Nasdaq Composite leading the way down as investor sentiment cratered in the face of concerns that the Federal Reserve may keep interest rates higher for longer. The technology-heavy Nasdaq fell 123 points, or 0.9%, to end at...
Nikkei Tokyo stocks ended higher on Wednesday, shrugging off falls on Wall Street as a cheaper yen supported the market. The benchmark Nikkei 225 index climbed 0.62 percent, or 204.26 points, to close at 33,241.02, while the broader Topix index was also up 0.62 percent, or 14.68...
Japanese stocks drop, as the Topix snapped an eight-day winning streak, after US peers fell on stronger-than-expected economic data that might suggest a further US interest rate hike by the Federal Reserve. Topix fell 0.2% to 2,387.38 as of 9:02 a.m. Tokyo time Nikkei declined 0.2% to...
Hong Kong shares opened lower Wednesday, extending the previous day's losses following a sell-off on Wall Street fuelled by a surge in oil prices that revived inflation worries. The Hang Seng Index dipped 0.28 percent, or 51.82 points, to 18,405.09. The Shanghai Composite Index shed 0.23 percent,...
Asia-Pacific markets were mixed to start the week as investors look to key data from Australia and China later in the week. The Reserve Bank of Australia will release its rate decision on Tuesday, while China is expected to release its trade balance for August on...