Tag: stocks rise
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Stocks rise, 2-year US bond yield eases after soft US inflation data
NEW YORK/MILAN, Sept 30 : Stocks on Wall Street and two-year US Treasury prices rose on Wednesday, pushing yields lower as expectations that the Federal Reserve will hike interest rates next month decreased after softer-than-expected inflation data.Long-dated yields were still higher, however, as global bonds
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Wall Street stocks rise, greeting optimism over possible US-Iran deal
NEW YORK: Wall Street stocks bounced Friday (Sep 25) to finish a volatile week on a positive note, greeting a drop in oil prices on hopes for a US-Iran agreement that could lead to the reopening of the Strait of Hormuz.Markets weighed mixed signals from the UN General Assembly in New York
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Stocks rise on AI optimism; lower oil helps bonds
LONDON, Sept 21 : Global stocks rose on Monday, recovering some poise, as evidence of booming AI demand lifted tech shares and oil retreated on reports that more supply was leaving the Gulf than previously thought despite the ongoing conflict.The bond market, which last week endured a sixth straight weekly
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Asia stocks rise on AI, US-China trade talks optimism
HONG KONG: Asian stock markets mostly rose on Monday (Sep 21), boosted by global demand for artificial intelligence technology and positive signals from trade talks over the weekend between Chinese and US officials.Global stocks had finished last week mixed as central banks made moves to curb inflation, inclu
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Most stocks rise as Fed hikes and indicates drive to curb inflation
HONG KONG: Most equities rose Thursday (Sep 17) after the Federal Reserve hiked interest rates for the first time in three years and boss Kevin Warsh sounded a hawkish note that ramped up bets on another increase as officials fight surging inflation.Investor sentiment was also given a lift by hopes for a pick
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Stocks rise as oil falls, bonds steady ahead of Fed decision
Sept 16 : Global stocks advanced on Wednesday as recent rises in government bond yields and oil prices stalled ahead of a key U.S. Federal Reserve interest-rate decision later in the day.MSCI’s global equities index gained 0.2 per cent after falling in the previous two sessions. An index of Asia-Pacific shar
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Stocks rise after recent declines; Japanese yen jumps against US dollar
Sept 2 : A global stock index rose on Wednesday after recent declines and investors watched for new developments in the U.S.-Iran conflict, while the Japanese yen gained sharply against the U.S. dollar.It was not immediately clear what prompted the yen move. The currency had retraced over the last month appro
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Stocks rise and oil slips as traders eye Iran threat, Nvidia results
HONG KONG: Stocks rose and oil dipped on Tuesday (Aug 25) as investors assessed a US plan for the “economic asphyxiation” of Iran, while tech firms struggled following another down day on Wall Street and ahead of earnings from chip titan Nvidia.With the war against Tehran in its sixth month, Treasury Secretar
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Asian stocks rise as US inflation data dents September Fed hike bets
TOKYO, Aug 13 : Asian stocks rose on Thursday after U.S. inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near $80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war.MSCI’s broadest index of Asia-Pa
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Stocks rise despite higher oil prices as Iran tensions persist
Aug 4 : European stocks climbed alongside U.S. futures on Tuesday, although a rebound in oil prices underscored market scepticism that the U.S.-Iran war would be resolved quickly through diplomacy.Meanwhile the yen eased, but held on to most of its intervention-driven gains after last week’s joint action by T
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