US EditionShares Are Mostly Lower in Europe and Asia Ahead of US Jobs and Inflation Reports
Asian shares and U.S. futures fell due to weak regional data, expected Bank of Japan rate hike, and corporate news including iRobot's bankruptcy, ahead of key U.S. jobs and inflation reports.
- On Tuesday, Asian shares tumbled and U.S. futures fell ahead of U.S. employment and inflation reports that could drive interest-rate direction.
- Investors are watching Japanese data ahead of Friday's Bank of Japan policy meeting widely expected to produce an interest-rate hike that could rattle bond and cryptocurrency markets.
- Regional indices slid, including Tokyo's Nikkei 225 declined 1.2% to 49544.21 and Hong Kong's Hang Seng dropped 1.9% to 25139.16, while the S&P 500 slipped 0.2% to 6816.51.
- Hopes that a softer jobs print will prompt Fed cuts sit alongside recession worries as investors watch a Bank of Japan rate hike on Friday that could rattle world bond and cryptocurrency markets.
- Economists expect Tuesday's November jobs report to show employers added 40,000 jobs and the unemployment rate near 4.4%, with Mizuho Bank projecting growth to moderate around 4%.
105 Articles
105 Articles
Shares are mostly lower in Europe and Asia ahead of US jobs and inflation reports
Shares retreated Tuesday in Europe and Asia ahead of the release of U.S. employment and inflation reports that could drive the direction of interest rates.The future for the S&P 500 fell 0.5% and that for the Dow Jones Industrial Average was 0.3% lower.Germany's DAX lost 0.4% to 24,142.20, while the CAC 40 in Paris edged 0.1% higher, to 8,129.43. Britain's FTSE 100 slipped 0.3% to 9,722.23.In Asian trading, Tokyo's Nikkei 225 declined 1.6% to 49…
Associated Press News
Wall Street drifts lower following mixed data on the economy
The U.S. stock market is drifting lower following mixed data on the economy’s strength. The S&P 500 slipped 0.4% Tuesday and remains a bit below its all-time high set last week.
InsideNoVA.com
Asian markets retreat ahead of US jobs as tech worries weigh
Asian markets extended losses with Wall Street on Tuesday as investors jockeyed for position ahead of key US jobs and inflation data, while sentiment remains subdued by worries over a possible tech bubble.
Asian stocks: Red markets ahead of important US dataAsian stocks are back in the red on Tuesday, with investors taking a very cautious stance ahead of a series of US data releases including
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