Tag: stocks rise
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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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Stocks rise despite Iran tensions, oil up, yen eases
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 slightly, but held on to most of its intervention-driven gains after last week’s joint ac
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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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