U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
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,
The Exchange Fund, Hong Kong’s financial war chest for defending ... The weak performance of the stock markets in the fourth quarter and falling bond prices affected the performance of the ...
The S&P 500 ... In stock markets abroad, movements were mostly quiet, even after China’s latest attempt to juice stock prices in the world’s second-largest economy. Stocks in Hong Kong got ...
The Exchange Fund, Hong Kong's financial war chest for defending ... The weak performance of the stock markets in the fourth quarter and falling bond prices affected the performance of the ...
World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.
Tokyo's Nikkei 225 index gained 0.3% to 40,074.87 after the central bank raised its benchmark rate to about 0.5% from 0.25%, as widely expected. It is the highest level for the rate since 2008, as the Bank of Japan shifts out of a long spell of extreme low interest rates meant to spur more borrowing and spending.
The S&P 500 added 0.4% on Thursday, Jan. 30, as a report showed consumer spending continued to buoy economic growth.
The S&P 500 fell 0.5% on Wednesday, Jan. 29, as the Federal Reserve held interest rates steady in a move widely expected by the financial markets.
The technology-dominated index slipped 3.07% to finish at 19,341.83. The S&P 500 shed 1.46% and closed at 6,012.28. The Dow Jones Industrial Average managed to add 289.33 points, or 0.65%, settling at 44,713.58.
The second Trump term will likely create economic volatility, but financials, consumer discretionary, industrials are sectors expected to benefit, alongside AI and small caps, note the analysts.
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.