Tag: fell
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Stocks slide, yields elevated as Mideast conflict fears grow
Aug 18 : U.S. government bond yields eased slightly on Tuesday, though longer-dated yields remained near multi-year highs after the 30-year Treasury yield earlier touched a level not seen since 2007. The move came as fears of an escalating Middle East conflict stoked inflation worries and weighed on stocks.Oi
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Stocks inch up, oil dips as traders eye US-Iran talks
NEW YORK/LONDON, Aug 12 : Global equities were higher on Wednesday and oil prices dipped as traders eyed talks to end the Iran war and U.S. data showing only a slight rise in inflation damped some expectations for a Federal Reserve rate hike.Talks between the U.S. and Iran were deadlocked. The United States a
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Global stocks inch up, oil steady before US CPI
NEW YORK/LONDON, Aug 12 : Global equities were higher on Wednesday and oil prices dipped as traders eyed talks to end the Iran war and U.S. data showing only a slight rise in inflation damped some expectations for a Federal Reserve rate hike.Talks between the U.S. and Iran were deadlocked. The United States a
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US stocks, bonds rally after soft jobs report; yen bounces back
LONDON, Aug 7 : Global stocks headed for their strongest weekly gain since May after a weaker-than-expected U.S. jobs report eased fears of an imminent Federal Reserve rate hike, while strong earnings and AI enthusiasm outweighed concerns about the Iran war.U.S. stocks opened higher on Friday and Treasury yie
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Oil prices fall to one-week low after US pauses attacks on Iran
NEW YORK/LONDON , July 27 : Oil prices fell to a one-week low on Monday after the United States abruptly suspended a campaign of air strikes against Iran over the weekend, raising hopes of a diplomatic solution that would de-escalate the conflict and allow shipping to resume in the Strait of Hormuz.Brent cru
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Chipmakers put pressure on equity indexes globally, oil edges down
NEW YORK/LONDON, July 16 : Tech-heavy equity indexes around the world fell on Thursday as investors offloaded chip stocks, while oil futures gave up earlier gains even as the U.S. and Iran stepped up attacks.Chip stocks fell from Asia to the U.S., as higher-than-expected 77 per cent earnings growth from Taiwa
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Stocks rise after soft US inflation reading with Middle East in focus
NEW YORK/ MILAN, July 15 : MSCI’s global equities index rose on Wednesday after a surprise drop in the U.S. inflation reading and a second day of strong earnings reports while oil futures turned lower even as U.S.-Iran hostilities showed no signs of abating. U.S. producer prices were softer than expected i
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Stocks gain on softer inflation, bank results while oil rises on US-Iran hostilities
NEW YORK/LONDON July 14 : Shares were up modestly on Tuesday after softer than expected U.S. inflation data and strong second-quarter earnings from major banks, while oil prices rose for a second day as the U.S. and Iran battled for control of the Strait of Hormuz.The U.S. Consumer Price Index increased by a
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Asia stock markets slide as tech shares slump
Trading on South Korea’s Kospi index was halted for the third time this week to prevent panic selling.
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World stocks climb on chip rally; dollar steadies near one-year high
NEW YORK, June 25 : Global stocks rose on Thursday as strong earnings from chipmakers lifted sentiment, while the dollar hovered near a one-year high, with investors remaining wary about stretched valuations.The benchmark S&P 500 and the Nasdaq were advancing on Wall Street, led by industrials, healthcare and
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