Stock market today: Global stocks up as traders await Fed conference for interest rate update
Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
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Posted 8/22/2023, 3:55:00 AM
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Asian stocks rise as traders await signals on interest rate plans from the Federal Reserve conference, with hopes that further rate hikes will be ruled out but concerns about inflation persisting.
Global stock markets and Wall Street futures are rising as traders await signals on interest rate plans from the Federal Reserve conference, with investors hoping that the Fed officials will signal an end to interest rate hikes despite concerns about inflation not being fully under control yet.
Global stocks are set to rise for a third consecutive day as concerns over euro zone business contraction and chipmaker Nvidia's earnings fuel speculation of a pause in the European Central Bank's interest-rate hike campaign.
Global stock markets are expected to undergo a correction in the coming months, although analysts predict marginal gains overall until the end of 2023, with a majority believing that a correction in their local equity market is likely or very likely by year-end.
Stocks rise at the beginning of the week after last week's selling, with markets relieved by the 10-year yield remaining at around 4.3%, while anticipating Federal Reserve Chairman Jerome Powell's speech on Friday for insight on short-term interest rates and inflation control.
Stocks rise as markets shift focus from the Federal Reserve to corporate and economic reports, with the S&P 500 and Dow Jones Industrial Average both experiencing gains, while investors await upcoming economic data and inflation updates.
China stocks rise as investors welcome Beijing's efforts to support the market, while bonds rally and the dollar dips on possibly softening U.S. data.
Global markets are watching for the latest round of retailer earnings reports as well as the release of the July Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics, while European indexes are being boosted by a jump in commodity prices linked to China's stimulus measures.
Asia-Pacific markets set to rise following tech rally on Wall Street, Australian inflation numbers anticipated, and the U.S. dollar reaches its highest level against the yen in 2023.
Asia-Pacific markets rise as investors anticipate China's August factory activity data, with the country's manufacturing sector expected to contract for the fifth consecutive month, while US stocks gain due to positive economic data and revised GDP growth figures.
Stock futures rise as recent economic data sparks hopes that the Federal Reserve is approaching the end of its rates-hiking cycle.
Equities rose on Monday as market participants speculated that the Federal Reserve may be nearing the end of its interest rate hike cycle, following a positive US jobs report and signs of a softening labor market. Additionally, investors were hopeful that China would implement measures to stimulate its economy and property sector.
Global shares rise on growing expectations that the Federal Reserve will not raise interest rates further and hopes for policy stimulus in China, while investors await key readings on U.S. services and Chinese trade and inflation later in the week.
Global stocks rise as a Chinese rebound, prompted by eased mortgage rules, boosts the country's struggling property sector. Goldman Sachs predicts more stimulus to come.
Global stocks rose on Monday, driven by signs of cooling in the US jobs market and hopes for a reduction in interest rate hikes, as well as fresh stimulus measures in China's property sector.
Global equity investors are concerned about central bank policies as U.S. data shows a rise in inflationary pressures, causing markets to worry about a potential end to the Goldilocks scenario and softer labor markets.
Global shares stabilize as the dollar continues to strengthen and investors anticipate that central banks will keep interest rates unchanged over the next two weeks.
Global shares rise as risk appetite increases, the yen jumps against the dollar, and signs of stabilization in the Chinese economy push up copper and oil prices.
U.S. stock futures rise as investors await key inflation data and economic indicators ahead of the Federal Reserve's decision on interest rates, while positive economic news from China boosts global risk sentiment.
Global fund managers have increased their allocation to U.S. stocks and reduced exposure to emerging markets, particularly China, due to concerns over the Chinese economy, according to Bank of America's monthly survey.
Stocks rise as reports suggest the US economy is strong, but inflation remains a concern.
Global stock markets were mostly steady as traders awaited the Federal Reserve's September meeting, while Asia-Pacific markets saw some declines due to concerns over inflation.
Stock futures rise slightly as investors prepare for the two-day Federal Reserve meeting, with the central bank expected to maintain interest rates.
Stocks slip as investors await the Federal Reserve's policy meeting and the start of Instacart's IPO trading, with focus on interest rates and inflation.
Global stocks eased as a drop in U.S. homebuilding highlighted the challenges the Federal Reserve faces in managing inflation, while oil prices rose and investors await rate decisions from major central banks.
European markets rise as global investors await the U.S. Federal Reserve's monetary policy decision; retail stocks lead gains while oil and gas dip slightly, and U.K. inflation falls below expectations in August.