Global shares mostly fell Tuesday as investors took a wait-and-see view on the week ahead, including stubbornly high inflation across the economy.
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, May 9, 2023. Asian shares were trading mixed Tuesday as investors took a wait-and-see view on the week ahead, which promises reports on some of the markets biggest worries, including stubbornly high inflation across the economy. – France's CAC 40 slipped 0.4% in early trading to 7,412.85. Germany's DAX inched down 0.1% to 15,938.15.
“Asian equities traded sideways on Tuesday after U.S. stocks traded within a tight range, remaining mostly unchanged in volatile trading, as investors reacted to the mixed response to the Fed’s senior loan officer survey," said Anderson Alves, analyst at ActivTrades. “The survey showed a tightening of credit availability, impacting companies’ margins and signaling an imminent economic slowdown.
The Fed said it’s not sure of its next move, as swaths of the economy have shown sharp slowdowns but the job market remains largely resilient.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Scotts Miracle-Gro stock rises as JPMorgan upgrades stock to overweight from neutralScotts Miracle-Gro Co.’s stock rose 3.7% in premarket trades on Monday after JPMorgan Chase upgraded the stock to overweight from neutral, partly on lower...
Weiterlesen »
AMC stock falls, APEs rise on stock conversion agreementAMC has been looking to resolve its proposed conversion of APE units into common stock.
Weiterlesen »
Texas Rep. Slaton Resigns Ahead of Expulsion Vote Tuesday Over Alleged Sexual MisconductNorth Texas Rep. Bryan Slaton (R-Royse City, District 2) resigned Monday ahead of an expulsion vote over alleged sexual misconduct with an aide but the vote to remove him from the House is expected to go forward Tuesday.
Weiterlesen »
Rep. Slaton Resigns Ahead of Expulsion Vote Tuesday Over Alleged Sexual MisconductNorth Texas Rep. Bryan Slaton (R-Royse City, District 2) resigned Monday ahead of an expulsion vote over alleged sexual misconduct with an aide but the vote to remove him from the House is expected to go forward Tuesday.
Weiterlesen »
Hilton Grand Vacations stock rises after new share repurchase program, representing 11% of market capShares of Hilton Grand Vacations Inc. climbed 1.0% in premarket trading Monday, after the timeshare company approved a new $500 million share repurchase...
Weiterlesen »
Asian Stock Market: Shanghai soars ahead of key Chinese data, oil resumes upsideMarkets in the Asian domain are showing mixed performance as Nikkei 225 has faced a sell-off while Chinese stocks are sky-rocketing ahead of respectiv
Weiterlesen »