S&P 500 flirts with record high as month, quarter draw to a close
Wall Street was muted on Wednesday and the S&P teased its fifth straight record closing high as investors ended the month and the quarter by largely shrugging off positive economic data and looking toward Friday’s highly anticipated employment report.
Asian shares tread water, markets eye U.S. inflation signals
Asian shares marked time on Thursday, with China nudging lower, while the U.S. dollar held below an 11-week high as investors reassessed U.S. Federal Reserve statements on inflation and looked to upcoming data for direction.
Shares in record-setting spree as Fed meeting looms
World stocks hit yet another record high on Tuesday, with European stocks poised for their longest winning streak since 2019 as investors bet likely “transitory” inflation pressures will stay the U.S. Federal Reserve’s hand from signalling a shift in policy settings.
Asia tracks Wall St lower as U.S. inflation bets perk up
Asian stocks followed Wall Street lower on Friday as signs of a strengthening U.S. recovery boosted bets for higher inflation and an earlier tapering of Federal Reserve stimulus.
Wall St set to open higher ahead of key economic data this week
The latest leg of a surge in so-called “meme stocks” stood out in early moves on Wall Street on Wednesday, while futures tracking the main stock indexes were flat to slightly higher ahead of closely watched economic data this week.
Asian shares tick up U.S. data bolsters reopening hopes
Asian shares edged up to near three-month highs on Wednesday and global equities held steady near a record as data showing higher U.S. manufacturing activity in May cheered investors looking for signs of a continued rebound in the world’s largest economy.
