2024-09-09 17:55:08
Markets
Economy

Asian markets dip after Wall Street had its worst week in nearly 18 months

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Asian markets fell after Wall Street's worst week in 18 months. The weak U.S. jobs report sparked concerns about the Federal Reserve's interest rate policy.

Tech companies like Broadcom and Nvidia drove the Nasdaq composite down 2.6%. Oil prices rose, with benchmark U.S. crude up 88 cents to $68.55 a barrel.

Asian stocks tumbled on US growth fears and BOJ tightening. The US jobs data raised concerns about Fed rate cuts.

Chinese stocks saw downgrades as data raised doubts over its 5% GDP target. Stocks dropped as jobs data added to case for Fed cuts.

The stock market rebounded after S&P 500 losses. US recession fears hit markets.

Aldi to open more UK stores as profits more than double. Chinese producers slash prices as weak demand persists.

Job opportunities are drying up as stock market investors await Fed rate decision.

The Street
9. September 2024 um 16:03

Stock Market Today: Stocks slide ahead of key August jobs report TheStreet Daily Newsletter

Finance
Economy
Stocks slide as investors await August jobs report that will impact Fed's rate decisions, with bond yields falling and new export controls weighing on tech stocks.
The Street
10. September 2024 um 11:04

Nonfarm-payrolls report weighs on midday market. Here are 3 stock movers. TheStreet Daily Newsletter

Finance
Economy
Technology
The stock market is down, with the S&P 500 falling 1.8% and the Nasdaq Composite down 2.7%. The decline follows a worse-than-expected nonfarm-payrolls report. Broadcom reported strong Q3 results, driven by AI semiconductor solutions, including Ethernet networking and custom accelerators for AI data centers, as well as VMware, but provided weaker-than-expected Q4 guidance. Super Micro Computer dropped after a JPMorgan downgrade due to concerns about the company's regulatory compliance and poten..
The Street
10. September 2024 um 21:05

After a drubbing, market searches for its mojo TheStreet Daily Newsletter

Finance
Economy
September stock market decline; S&P 500 down 4.3%, Nasdaq down 5.77%; tech stocks like Nvidia (NVDA), Meta Platforms (META), Tesla (TSLA) hit hard; Apple's product event; Gamestop (GME), Adobe (ADBE) earnings reports; focus on CPI, PPI, Fed meeting; economy slowing but not contracting; Oracle earnings expected to be strong; S&P 500 200-day moving average support; Nasdaq RSI oversold; S&P 500 down 4.6% from July 16 peak, Dow down 3% from August 30 peak; S&P 500 had 4.7% decline in September 2022.
Yahoo Finance
9. September 2024 um 11:15

Stocks Drop as Jobs Data Adds to Case for Fed Cuts: Markets Wrap

Finance
Economy
Politics
US jobs data raises concerns about Fed rate cuts; Asian stocks slip amid fears of global downturn; Japan's economy expands, Bank of Japan on track to raise rates; Alimentation Couche-Tard takeover offer for Seven & i Holdings; Treasury Secretary Janet Yellen sees no 'red lights' for US economy; US inflation data, Fed policymaker comments in focus; Oil prices rise after Friday's drop; commodity markets under pressure; story produced with Bloomberg Automation, assistance from Georgina McKay.
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