Wall Street’s main indexes opened lower on Thursday as fresh data underscored strength in the U.S. economy and aggravated concerns over the Federal Reserve’s continued policy tightening. The Dow Jones Industrial Average fell 143.13 points, or 0.43 percent, at the open to 33,233.35. The S&P 500 opened lower by 25.18 points, or 0.65 percent, at…
Yen Rises, Underpinned by BOJ Policy Tweak; Dollar Retreats
SINGAPORE—The yen firmed on Thursday, returning towards a four-month peak against the dollar hit earlier in the week after the Bank of Japan’s surprise tweak to its bond yield control spurred bullish yen bets, while the dollar moved broadly lower. The yen rose about 0.5 percent to 131.85 per dollar, after surging to a four-month…
Oil Rises on Tight US Stocks as Winter Blast Hits
December 22, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices climbed for a fourth straight day and hit their highest in two and a half weeks on Thursday with U.S. crude, heating oil, and jet fuel stocks growing tighter just as a wintry blast hits the United States. Brent crude futures gained $1.17, or 1.4 percent, to trade at $83.37 at 1235 GMT,…
World Shares Mixed, Oil Jumps Following Rally on Wall Street
December 22, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
BANGKOK—World shares were mixed Thursday after a rally on Wall Street as investors welcomed a report showing U.S. consumer confidence is holding up despite the Federal Reserve’s campaign to fight inflation by raising interest rates. Germany’s DAX edged 0.1 percent lower to 14,081.26. The CAC 40 in Paris also lost 0.1 percent, to 6,578.93. Britain’s…
Wall Street Gains Ground, Turning Higher for the Week
Stocks closed broadly higher on Wall Street Wednesday and pushed major indexes into the green for the week, as investors welcomed a report showing consumer confidence is holding up better than expected. The S&P 500 and Nasdaq composite each rose 1.5 percent. The Dow Jones Industrial Average gained 1.6 percent with a lot of help…
Yen Holds on to Big Gains After BOJ’s Surprise Policy Tweak
SINGAPORE/LONDON—The yen traded flat on Wednesday after surging almost 4 percent in the previous session, when the Bank of Japan (BOJ) unexpectedly tweaked a key policy, allowing government bond yields more room to move. The BOJ decided to change its “yield curve control” policy on Tuesday even as it kept broad policy settings unchanged. It…
Oil Prices Rise on US Drawdown, Chinese Fears Weigh
December 21, 2022
admin
Business & Marketseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsOilrecessionstocks
0 Comment
LONDON—Oil prices rose on Wednesday after data suggested a larger-than-expected draw in U.S. crude stockpiles, but gains were capped by growing concerns over demand in China and a snow storm that is expected to hit U.S. travel. Brent crude futures were up 93 cents, or 1.15 percent, at $80.92 a barrel by 1040 GMT. U.S….
Global Shares Edge Up, but Face Patchiest Yearly Performance Since 2008
December 21, 2022
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON/SINGAPORE—Global shares edged up on Wednesday after the Bank of Japan rocked the markets by unexpectedly deciding to loosen its tight leash on government bond yields, with the yen then scoring its biggest one-day gain against the dollar in 24 years. The MSCI All-World index rose 0.1 percent on the day, although it is on…
Stocks Rise, Bond Yields Jump After Japan Surprises Markets
NEW YORK—Stocks closed modestly higher on Wall Street, while bond markets around the world felt pain Tuesday after a surprise move from Japan’s central bank cranked up the pressure on an already slowing global economy. The S&P 500 rose 0.1 percent after flipping between small losses and gains in the early going. The Dow Jones…
Wall Street Subdued at Open After BOJ’s Policy Surprise
Wall Street’s main indexes were subdued at the open on Tuesday after the Bank of Japan surprised global investors with a policy shift that would allow long-term interest rates to rise more. The Dow Jones Industrial Average fell 22.30 points, or 0.07 percent, at the open to 32,735.24. The S&P 500 opened lower by 7.19…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta