New Straits Times on Nostr: Global stocks diverge on renewed US inflation fears ========== On January 8, 2025, ...
Global stocks diverge on renewed US inflation fears
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On January 8, 2025, stock markets diverged as US inflation fears resurfaced; the Federal Reserve reduced its rate cut outlook from four to two for the year; robust US economic data raised concerns about inflation; Donald Trump's upcoming presidency is influencing market sentiment; Asian markets mostly declined while European indices gained; Wall Street's main indices closed lower with tech stocks, particularly Nvidia, underperforming; a survey indicated a rise in US services sector prices; job openings hit a six-month high; German industrial orders fell over five percent in November; focus shifts to the upcoming non-farm payrolls report.
#Stocks #Inflation #UsEconomy #FederalReserve #DonaldTrump #WallStreet #EuropeanMarkets #AsianMarkets #Nvidia #JobOpenings
https://www.nst.com.my/business/corporate/2025/01/1158224/global-stocks-diverge-renewed-us-inflation-fears
==========
On January 8, 2025, stock markets diverged as US inflation fears resurfaced; the Federal Reserve reduced its rate cut outlook from four to two for the year; robust US economic data raised concerns about inflation; Donald Trump's upcoming presidency is influencing market sentiment; Asian markets mostly declined while European indices gained; Wall Street's main indices closed lower with tech stocks, particularly Nvidia, underperforming; a survey indicated a rise in US services sector prices; job openings hit a six-month high; German industrial orders fell over five percent in November; focus shifts to the upcoming non-farm payrolls report.
#Stocks #Inflation #UsEconomy #FederalReserve #DonaldTrump #WallStreet #EuropeanMarkets #AsianMarkets #Nvidia #JobOpenings
https://www.nst.com.my/business/corporate/2025/01/1158224/global-stocks-diverge-renewed-us-inflation-fears