7h ago
Asian shares mixed as tech stocks stay volatile; oil falls after Trump waives Russian sanctions
Asian shares were mixed on Monday as technology stocks stayed volatile. U.S. equity futures edged higher ahead of another week of corporate earnings, while a recent selloff in tech shares from Asia to Wall Street kept markets under pressure amid growing doubts about the AI boom. Oil prices fell more than 1% after U.S. President Donald Trump waived sweeping sanctions on Russia, including on Russian energy. South Korea's Kospi gained 1.1% to 5,729.58, though it remains down more than 18% over the past month.
7h ago
10-15
Deepening tech selloff drags Asian stocks lower as South Korea and Japan markets sink
U.S. September CPI rose 3.7% year-on-year, above expectations, deepening a technology selloff that spread into Asia. South Korea's KOSPI plunged nearly 8% on Thursday, with Samsung Electronics and SK Hynix falling more than 11%. Japan's Nikkei 225 dropped 5%, as SoftBank Group, Tokyo Electron and other tech stocks broadly declined. U.S. equity index futures also moved lower.
10-15
10-14
US stocks drop to their worst day since July as inflation worsens
U.S. stocks dropped to their worst day since July. The S&P 500 fell 1.1% Wednesday and had its fifth loss in the six days since setting its all-time high. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite sank 1.9%. A report showing inflation accelerated last month raised expectations on Wall Street that the Federal Reserve will raise interest rates. More expensive borrowing could slow the buildout of AI data centers, and AI stocks were the heaviest weights on the market. B
10-14
10-13
The first big batch of US profit reports for the summer has Wall Street mixed
The first big batch of summertime profit reports from U.S. companies is making waves on Wall Street after topping analysts’ expectations, but many are canceling each other out. That’s leaving stock indexes relatively static and near their records on Tuesday. The S&P 500 was mostly unchanged and hovered below its all-time high set last week. The Dow Jones Industrial Average dipped 174 points, and the Nasdaq composite fell 0.1%. Those modest moves, though, masked some big swings happening undernea
10-13
10-5
Asian stocks rise as easing inflation fears lower odds of another Fed rate hike
Asian markets mostly advanced on Monday after easing inflation concerns reduced the perceived likelihood of another Federal Reserve rate hike. Japan’s Nikkei 225 jumped 2.5% in early trading, topping 70,000 for the first time in three months. Australia and Hong Kong were little changed, while markets in Shanghai and South Korea were closed for holidays. Artificial intelligence-linked shares led gains, with Tokyo Electron and SoftBank Group among the biggest movers.
10-5
9-30
Wall Street tracks a positive September after softer-than-expected U.S. August inflation data
U.S. August inflation came in below expectations, easing concerns that the Federal Reserve may keep raising rates and pulling short-term Treasury yields lower. Major U.S. stock indexes climbed in intraday trading, with the S&P 500 on track for a small September gain. The Nasdaq led the advance. Earlier, the 10-year Treasury yield briefly touched its highest level since 2002.
9-30