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Published 16 days ago

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data

Summary by Washington Top News
BANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.7% to 3,007.07 even though the Chinese government reported that the economy grew at a surprisingly fast 5.3% annual rate in the first quarter of the year. In quarterly terms it expanded at a 1.6% pace. The Hang Seng in Hong Kong lost 2.1% to 16,248.97. Tokyo…

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Associated Press NewsAssociated Press News

Stock market today: Asian benchmarks trade mixed amid expectations for US rates to stay high

Asian shares are trading mixed after most U.S. stocks slipped on rising expectations interest rates may stay high for a while. Shares fell in Tokyo and Seoul in early Wednesday

16 days ago·United States
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abc Newsabc News

Stock market today: World shares track slump on Wall St triggered by strong US spending data

Shares have skidded in Europe and Asia following a slump on Wall Street after a report showed American shoppers spent more at retailers last month than expected

16 days ago·United States
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Winnipeg Free PressWinnipeg Free Press

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data

BANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index […]

17 days ago·Winnipeg, Canada
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Star AdvertiserStar Advertiser

Wall Street slumps as rising yields crank up pressure

Stocks had been solidly higher earlier in the day, as oil prices eased with hopes that international efforts to calm escalating tensions in the Middle East may help.

17 days ago·Honolulu, United States
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Business InsiderBusiness Insider

Stock market today: US stocks rise on strong earnings as traders try to come back from streak of losses

Traders work on the floor of the New York Stock Exchange during afternoon trading on November 03, 2023.Michael M. Santiago / Getty US stocks rose Tuesday morning as corporate earnings continue to beat estimates. Shares of firms such as Morgan Stanley and Bank of America climbed on first-quarter results. Treasury yields also climbed as investors readjust to Federal Reserve expectations. US stock indexes were higher Tuesday morning, as investors t…

16 days ago·United States
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MY NorthwestMY Northwest

Stock market today: World shares track slump on Wall St triggered by strong US spending data

BANGKOK (AP) — World shares skidded Tuesday following a slump on Wall Street after after a report showed American shoppers spent more at retailers last month than expected. A strong U.S. economy might keep inflation from falling to a level where the Federal Reserve feels comfortable cutting interest rates. High interest rates and bond yields hurt prices for all kinds of investments. U.S. futures edged 0.1% lower early Tuesday. In Europe, German…

16 days ago·Tacoma, United States
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