Published 1 year ago

Asian stocks mixed early Thursday after inflation fears again get the better of Wall Street

Summary by Ground News

Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Wall Street declined Wednesday after a survey showed prices paid by U.S. manufacturers rose in February for the first time in five months. That prompted traders to raise expectations of how high the Fed might hike rates and push back when cuts might start.

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Associated Press News

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1 year ago·United States

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abc News

Asian stocks mixed after Wall St falls on inflation fears

Asian stock markets are mixed after signs of enduring upward pressure on American prices added to expectations of higher interest rates for longer

1 year ago·United States

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KIFI

Asian stocks mixed after Wall St falls on inflation fears

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mixed Thursday after signs of enduring upward pressure on American prices added to expectations of higher interest rates for longer. Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Oil prices gained. Wall Street declined Wednesday after a survey showed prices paid by U.S. manufacturers rose in February for the first time in five months despite rate increas…

1 year ago·Idaho Falls, United States

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The Epoch Times

Global Stocks Lower After Inflation Fuels Rate Fears

BEIJING—Global stock markets declined Thursday after signs of enduring upward pressure on U.S. and European prices raised expectations that interest rates will stay higher for longer. London, Shanghai, Frankfurt, and Tokyo retreated. Oil prices fell. Wall Street futures were lower after a survey showed prices paid by U.S. manufacturers rose in February for the first time in five months despite rate increases to cool economic activity and surging…

1 year ago·New York, United States

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Star Advertiser

Stocks climb to send Wall Street to first gain in 3 days

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1 year ago·Honolulu, United States

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