Stocks up as earnings hopes offset Trump’s Korea tariff move

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Free Malaysia Today Malesia 1h

Stocks up as earnings hopes offset Trump’s Korea tariff move

Traders appeared to shrug off the news, with Nasdaq futures up 0.2% ahead of earnings from the so-called Magnificent Seven. (EPA Images pic) SYDNEY: Asian shares advanced on Tuesday as investors hoped for the best from a barrage of US mega-cap earnings, though uncertainty caused by President Donald»»»

freemalaysiatoday.com
Channel News Asia Malesia 2h

Stocks up as earnings hopes offset Trump's Korea tariff move, dollar wobbles

SYDNEY, Jan 27 : Asian shares advanced on Tuesday as investors hoped for the best from a barrage of U.S. mega-cap earnings, though uncertainty caused by President Donald Trump’s latest tariff moves on South Korea limited broader gains while boosting gold and silver. Accusing South Korea's legislatu»»»

channelnewsasia.com
The Times of India India 02.11.2023. 06:20

Jerome Powell hints US Fed is done with rate hikes

NEW YORK: Federal Reserve Chair Jerome Powell hinted the US central bank may now be finished with the most aggressive tightening cycle in four decades after it held off on raising interest rates for a second consecutive policy meeting.“The question we’re asking is: Should we hike more?” Powell told»»»

timesofindia.indiatimes.com
Reuters Gran Bretagna 22.03.2023. 23:23

Fed sees credit drawdown looming, shifts towards pause on rate hikes

WASHINGTON, March 22 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said banking industry stress could trigger a credit crunch with "significant" implications for an economy that U.S. central bank officials projected will slow even more this year than previously thought. Banks either »»»

reuters.com
Zawya Emirati Arabi Uniti 24.02.2021. 04:49

Promise of cheap money keeps stocks buoyant

SINGAPORE/MIAMI: Bond markets steadied, the U.S. dollar fell and stocks edged ahead on Wednesday after central banks from Washington to Wellington vowed to keep monetary policy loose for a long time, giving investors enough confidence to seek out riskier assets. U.S. Federal Reserve Chair Jerome Po»»»

zawya.com
Al Jazeera Qatar 29.01.2021. 16:52

GameStop recoups $11bn blow as day trader-fuelled rally powers on

Reddit-fuelled day traders using apps like those from Robinhood Markets Inc and E*Trade rallied behind GameStop on Friday after brokerages said they would ease trading restrictions. GameStop Corp. recouped Thursday’s $11 billion blow as traders using apps like Robinhood Markets Inc. and E*Trade ral»»»

aljazeera.com
The Peninsula 29.08.2019. 19:20

US economy slowing, but consumers limiting downside

WASHINGTON: U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer spending in 4-1/2 years amid a solid labor market threw cold water on financial market expectations of a recession. Signs that the economy was growing at a moderate pace a»»»

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