2024-06-17 09:03:19

Global Markets React: Asian, European, and U.S. Stocks Respond to China's Economic Slowdown and Political Uncertainty

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The global stock market experienced various reactions to China's manufacturing slowdown and struggling property market. Asian shares declined, European stocks sank amid election uncertainties, and U.S. stocks set records on hopes of interest rate cuts.

Concerns over global risks and a political crisis in France impacted market sentiment. Central bank decisions hinted at possible delays in interest-rate easing cycles, with gold rallying as risk sentiment turned sour.

The stock market saw mixed movements as the Fed leaned against rate cut bets, impacting tech stocks like Tesla and Broadcom. While Hong Kong stocks rose on China's retail sales data, the dollar remained strong amidst euro lows and market anticipation of crucial Chinese economic data.

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Stock market today: Asian shares mostly lower as China reports factory output slowed

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Asian shares were mostly lower as China reported a slowdown in factory output and a struggling property market. European stocks sank amid election results raising uncertainty. U.S. stocks set records as hopes of slowing inflation may prompt interest rate cuts.
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17. Juni 2024 um 18:58

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Asian stocks dropped in early trading due to concerns over a political crisis in France impacting global markets. Central bank decisions this week may signal delays in the interest-rate easing cycle. Gold rallied, and French bond futures dropped as risk sentiment turned sour.
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18. Juni 2024 um 10:13

Stock Market Today: Stock slide after record week powered by big tech - TheStreet Daily Newsletter

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17. Juni 2024 um 10:13

Stock Market Today: Stocks mixed as Fed leans against rate cut bets

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Stocks were mixed as investors reacted to changes in the Federal Reserve's interest rate forecasts, with Treasury yields holding steady. The Fed's new projections point to only one rate cut by the end of the year, contrary to expectations for more. Tech stocks, such as Tesla and Broadcom, showed notable movements in pre-market trading.
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