(Bloomberg) — A stock selloff deepened in Asia, after fresh data redoubled concerns about China’s economy and as investors curbed wagers on Federal Reserve interest rate cuts. Most Read from Bloomberg Hong Kong shares led the declines, with the Hang Seng Index tanking nearly 4%. The CSI 300 mainland Chinese benchmark also fell 1.6%. The losses came after official figures showed while China reached its 2023 economic goal, the country’s housing slump has worsened and domestic demand… Source link
Read More »Stocks Drop While Dollar Rallies to One-Month High: Markets Wrap
(Bloomberg) — Global stocks retreated and the dollar rose to a one-month high as central bank officials pushed back against bets on aggressive interest rate cuts. Most Read from Bloomberg US futures slid, while the Stoxx Europe 600 index headed for a five-week low. The MSCI Asia Pacific Index lost 1.5%, the most in three months. Two-year Treasury yields rose six basis points to 4.2%. An index of the dollar climbed 0.6%. Banks led equity declines in Europe as JPMorgan Chase & Co. analysts said… Source link
Read More »European Stocks Slip as Traders Weigh Rate Outlook: Markets Wrap
(Bloomberg) — European stocks fell as traders weighed the outlook for monetary policy ahead of a raft of speeches by policy makers at the World Economic Forum in Davos this week. Most Read from Bloomberg The Stoxx Europe 600 index slipped 0.2%, extending a lackluster start to the year after a 13% rise in 2023. Basic resources and carmakers led the decline after Germany’s economy dodged a recession, though the latest data showed it contracted for the first time since the pandemic last year…. Source link
Read More »Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap
(Bloomberg) — Stocks and bonds steadied with many investors clinging to sidelines ahead of a key US inflation report. Oil erased gains. Most Read from Bloomberg Mining shares and travel stocks led a small decline in Europe’s Stoxx 600 index, while US equity futures were little changed. Brent gained halted a climb at $78 a barrel following more attacks on vessels in the Red Sea raised the risk that Middle East supply could be disrupted. Investor focus is on Thursday’s US inflation figures… Source link
Read More »Nasdaq Futures Drop 1%, Bonds Retreat After Rally: Markets Wrap – Yahoo Finance
[unable to retrieve full-text content]Nasdaq Futures Drop 1%, Bonds Retreat After Rally: Markets Wrap Yahoo Finance Source link
Read More »Wall Street on Edge Before Key US Inflation Gauge: Markets Wrap – Yahoo Finance
[unable to retrieve full-text content]Wall Street on Edge Before Key US Inflation Gauge: Markets Wrap Yahoo Finance Source link
Read More »Stocks and Bonds Churn as BOJ Rattles Traders: Markets Wrap – Yahoo Finance
[unable to retrieve full-text content]Stocks and Bonds Churn as BOJ Rattles Traders: Markets Wrap Yahoo Finance Source link
Read More »Stocks Mixed on China Concern, Dovish ECB Comments: Markets Wrap – Yahoo Finance
[unable to retrieve full-text content]Stocks Mixed on China Concern, Dovish ECB Comments: Markets Wrap Yahoo Finance Source link
Read More »Stocks, Bonds Get 'Chillax' Moment After Rally: Markets Wrap – Yahoo Finance
[unable to retrieve full-text content]Stocks, Bonds Get ‘Chillax’ Moment After Rally: Markets Wrap Yahoo Finance Source link
Read More »Stocks Gain Before US Inflation Data; Euro Sinks: Markets Wrap – Yahoo Finance
[unable to retrieve full-text content]Stocks Gain Before US Inflation Data; Euro Sinks: Markets Wrap Yahoo Finance Source link
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