Stocks slip as China slumps, US yields climb on Fed expectations

Posted on:
Key Points

NEW YORK (Reuters) A gauge of global stocks slipped on Tuesday after details over Chinas stimulus disappointed as investor focus shifts to upcoming U.S. inflation data and corporate earnings...

On Wall Street, U.S. stocks were higher in the early stages of trading as the benchmark S&P 500 bounced back from a drop of nearly 1% in the prior session, buoyed by gains in technology stocks, which gained about 1.3%...

Stocks had dropped in Mondays trading on increasing concerns about a wider conflict in the Middle East, and as last weeks solid U.S. payrolls report caused investors to reassess the size and pace of interest rate cuts from the Federal Reserve...

The Dow Jones Industrial Average fell 29.43 points, or 0.07%, to 41,924.81, the S&P 500 rose 33.38 points, or 0.58%, to 5,729.08 and the Nasdaq Composite rose 171.14 points, or 0.95%, to 18,093.92...

Hong Kongs Hang Seng Index plunged 9.4%, its biggest drop since 2008, as it erased of the big gains it made during a Chinese holiday, after economic planner Zheng Shanjie told reporters China was fully confident of achieving economic targets for 2024 and would pull forward 200 billion yuan ($28.36 billion) from next years budget to spend on investment projects and support local governments...

You might be interested in

Stocks flat, US yields edge higher ahead of data

14, Mar, 24

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit record levels in the prior session, as investors

Global markets update: US stocks advance after modest rise in inflation

14, Jun, 23

S&P 500 gains 0.69%, Dow Jones Industrial Average rises 0.43%, Nasdaq up 0.83%

Stocks decline from record highs with US inflation data eyed

11, Mar, 24

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was lower for a second straight session on Monday, retreating further from a record high as investors braced for U.S. inflation data

Stocks retreat after rally with jobs data eyed, yields climb

05, Dec, 23

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was poised to snap a four-session winning streak on Monday while Treasury yields rose as investors awaited U.S. labor market data to

Asian stocks fall as China's property pains weigh on sentiment

16, Nov, 23

By Julie Zhu HONG KONG (Reuters) - Asian stocks fell on Thursday pausing the heavy gains made this week, as fresh Chinese data showed prolonged weakness in the property sector and dented some of the

Global equities index sluggish with inflation in focus

26, Feb, 24

By Sinéad Carew and Yoruk Bahceli (Reuters) - MSCI's global equity index was down slightly on Monday after hitting record highs the week before as investors took a breath while they waited for the

Global markets update: US stocks fall, investors eye inflation data

09, May, 23

The S&P 500 falls 0.46% at 4,119.17. The Dow Jones Industrial Average loses 0.17% at 33,561.81. The Nasdaq Composite drops 0.63% at 12,179.55

Equities turn red, Treasuries dip with economic data in focus

21, Dec, 23

By Sinéad Carew NEW YORK (Reuters) -MSCI's global equities index edged lower in afternoon trading on Wednesday while Treasury yields fell as U.S. economic data released earlier in the day beat

Stocks edge up, 10-year Treasury yield falls as rate cut timing weighed

07, Dec, 23

By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global equities rose on Wednesday following consecutive declines to start the week, while longer-dated U.S. Treasury yields fell after economic