NEW YORK (AP) — A strong week for Wall Street closed out with modest gains Friday, sending the stock market to its highest level since early December.
The S&P 500 rose 0.2% to clinch its third winning week in the last four and was near its highest level since the summer, before fading at the end of the day.
TOKYO (AP) — Asian shares advanced Friday, tracking a rally on Wall Street following reports suggesting the economy and corporate profits may be doing better than feared.
In Tokyo, data showed the core consumer price index was up 4.3%, slightly higher than expected at 4.2%, and higher than the Bank of Japan’s target of 2%.
BEIJING (AP) — Asian stock markets were mixed Thursday amid hopes Western economies can avoid a recession despite higher interest rates to cool inflation.
TOKYO (AP) — Asian shares were mixed Wednesday after Wall Street indexes finished little changed as investors awaited earnings results from major global companies.
Shares rose in Tokyo and Seoul, but fell in Sydney.
WASHINGTON (AP) — Sooner or later, either Wall Street or the Federal Reserve has to blink.
Nearly a year into the Fed’s drive to quash inflation by hiking interest rates at a blistering pace, investors still don’t seem to fully believe what the Fed warns is coming next: Higher rates through the end of the year, which could sharply raise unemployment and slow growth.
BANGKOK (AP) — Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to tamp down inflation.
Many markets in the region were closed for Lunar New Year holidays.
A rough week on Wall Street dominated by worries about a weakening economy ended Friday with a broad rally that gave the market its best day in two weeks.
The S&P 500 rose 1.9%. Despite the gains, the benchmark index still ended with its first weekly loss in the last three.
BEIJING (AP) — Asian stock markets rose Friday after Wall Street losses deepened as worries grow that the U.S. economy is headed for recession.
Shanghai, Tokyo and Hong Kong advanced. Seoul declined.
TOKYO (AP) — Asian shares were trading mixed Thursday, as investors grew cautious after Wall Street's biggest pullback of the year.
Shares dipped in Tokyo, but rose in Seoul and Sydney, where they recouped earlier losses by late morning.
BANGKOK (AP) — Asian shares advanced Wednesday, with Tokyo gaining more than 2% after Japan’s central bank kept its lax monetary policy unchanged, dispelling speculation it would yield to pressure to tighten credit to counter rising inflation.
BANGKOK (AP) — Asian shares were mostly lower Wednesday after Japan’s central bank kept its lax monetary policy unchanged, contrary to speculation it would yield to pressure to tighten credit to counter rising inflation.
BANGKOK (AP) — Shares were mostly higher in Europe and Asia on Monday ahead of China’s release of economic growth figures and a policy update this week from Japan’s central bank.
NEW YORK (AP) — Stocks closed higher on Wall Street Friday to give the S&P 500 its best week in two months as earnings reporting season gets underway and CEOs begin to show how well or poorly they’re navigating high inflation and a slowing economy.
BANGKOK (AP) — Shares advanced Friday in Asia after news that U.S. consumer inflation slowed last month pushed Wall Street benchmarks higher.
TOKYO (AP) — Asian shares were mixed Thursday ahead of a closely watched report on U.S. inflation viewed as a good indicator of whether Wall Street’s recent rising optimism is warranted or overdone.