Stock market today (June 26, 2024): Asian shares falter after Nvidia rebound supports Wall St

Quick Summary:

Asian shares are mixed after a rebound for Nvidia propped up a weakened Wall Street.

Yields have sunk on hopes that inflation is slowing enough to convince the Federal Reserve to cut its main interest rate later this year.

It’s been mostly falling since topping 4.70% in late April, which has relaxed the pressure on the stock market.

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Article Details

Author / Journalist: Elaine Kurtenbach / AP Business Writer

Category: BusinessStartups

Markets: PhilippinesAustraliaHong KongIndiaJapanTaiwanThailand

Topics: Wall Street Retail sales Tokyo Electron Nasdaq composite SolarEdge Technologies Consumer confidence Currency Exchange Rates Federal funds rate Kospi Artificial intelligence Stock Market Outlook Technology shares Shanghai Composite Federal Reserve Carnival cruise bookings Inflation Business AI boom Asian shares Stock market Shin-Etsu Chemical Co Nvidia Advantest Corp Nikkei Hang Seng Crude oil prices Job market Dow Jones Industrial Average

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 08:09:20 (3 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 698 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21392982

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Official Website: businessmirror.com.ph

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