The Dow Jones tumbled during the overnight session before Monday’s opening bell. Trade war fears are back on the table after Trump gets into a political scuffle with Colombia. Fresh rate cut hopes are bolstering equities from early week lows.
World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ICE Dollar Index slipped 0.
Setting rates in Japan will become a delicate balancing act if tariffs materialize.
The Bank of Japan hiked interest rates to 0.5%, the highest level since October 2008, and pledged to raise rates further if the economy and inflation continue in line with projections. The bank’s pledge to seek more rate hikes sent Japanese government bond yields higher and boosted the yen.
World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. Oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
TOKYO--The Bank of Japan raised interest rates to the highest ... compared with around Y156.00 before the rate decision. The Nikkei Stock Average flitted between gains and losses after the ...
The Dow Jones Industrial Average dipped 140 points, or 0.3%, and the Nasdaq composite sank 0.5%. Trading was quiet through the day, aided by relative steadiness in the bond market, which has been driving much of the action on Wall Street lately.
0.50% on Friday, then the U.S. Federal Reserve is expected to pause rates at 4.25%-4.50% on Jan. 29, Allianz Research says. (DJN) About Us WSJ Pro Central Banking brings you central banking news ...
LIVE: Markets in Indian are poised to open on a flat note with a positive bias, following a lower close on Wall Street overnight after the US Fed held interest rates steady on Wednesday
Sources: FactSet, Dow Jones Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet ...
Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they've been feasting on. The S&P 500 was down 1.9% in midday trading and heading for its worst day in more than a month.