- Benzinga
Geopolitical Tensions Weigh On Asia And Europe Markets, Gold Trades Near $2,400 - Global Markets Today While US Slept
On Thursday, April 18, the U.S. stock markets closed with mixed results as investors digested the latest corporate earnings reports. The S&P 500 and the Nasdaq ended in negative territory, while the Dow Jones Industrial Average slightly increased. Economic indicators and comments from Federal Reserve officials suggested that a reduction in interest rates by the central bank is unlikely in the near term. According to economic data, U.S. initial jobless claims remained steady at 212,000 for the we
- CNN Business
Oil prices get short-lived boost from attack on Iran
Oil prices jumped overnight after explosions were reported near the Iranian city of Isfahan, but those gains dissipated Friday as officials sought to play down the latest escalation in Middle East tensions.
- Reuters
GLOBAL MARKETS-Asian shares mixed as Fed's Powell rethinks rate cuts, yields jump
Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart on U.S. rate cuts this year, pushing Treasury yields to new five-month highs and the dollar towering against other currencies. The New Zealand dollar gained 0.4% to $0.5902 after first-quarter inflation data showed domestically driven inflation was surprisingly strong. Markets now see just 34 basis points in total easing this year, down from 60 bps a week ago.
