Breaking News: Markets

Stocks open little changed as investors await Powell speech

Stocks open little changed as investors await Powell speech Stocks were flat on Wednesday as Wall Street awaits an afternoon speech on the economy from Federal Reserve Chair Jerome Powell. S&P 500 was essentially little changed, with the benchmark looking to snap a 3-day losing streak. The Dow Jones Industrial Average gained 11 points, also …

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China’s factory activity data misses expectations; Asia-Pacific markets mixed

China’s factory activity data misses expectations; Asia-Pacific markets mixed China’s factory activity misses expectations, contracts for a second straight month China’s official manufacturing Purchasing Managers’ Index for November came in at 48, below the 50-point mark that separates growth from contraction. That’s lower than the expectations of analysts polled by Reuters, who predicted a reading …

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Hong Kong stocks rise nearly 4% ahead of China’s Covid briefing

Hong Kong stocks rise nearly 4% ahead of China’s Covid briefing Oil prices jump more than a dollar ahead of China briefing Oil prices climbed ahead of a press conference which will be held by China’s State Council, as investors continue to monitor developments – paring some losses seen on Monday, when it reached the …

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Stocks fall as Chinese Covid protests dampen market sentiment

Stocks fall as Chinese Covid protests dampen market sentiment Stocks fell Monday as social unrest from China’s prolonged Covid restrictions weighed on markets, sending oil prices lower — after Wall Street notched gains during the Thanksgiving holiday-shortened week. The Dow Jones Industrial Average fell more than 60 points, or 0.2%. The 30-stock average briefly tumbled …

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Asia-Pacific stocks mostly lower, Tokyo inflation at highest in 40 years; US markets closed

Asia-Pacific stocks mostly lower, Tokyo inflation at highest in 40 years; US markets closed Hong Kong movers: Casinos, technology stocks drop on rising China case numbers Hong Kong-listed stocks related to reopening and technology fell in Asia’s morning session following reports of a surge of Covid cases in China. Shares of casino operator MGM China …

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