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USD/JPY: Bullish Case Eroding as US Economic Data Disappoints /
npub1f7w…98xw
2024-06-04 21:54:38

USD/JPY: Bullish Case Eroding as US Economic Data Disappoints on Nostr: US Stocks Stage Comeback as Oil Slides Further on US Economy Worries =============== ...

US Stocks Stage Comeback as Oil Slides Further on US Economy Worries
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#e140b6a8 ver:0.95

US stocks rebounded as oil prices dropped and concerns about the US economy persisted. Asian markets stumbled, while Wall Street's Nasdaq and S&P 500 were supported by Big Tech. OPEC's decision to increase output and weak economic data raised concerns. Stock markets in Asia and Europe fell, and India's Sensex tumbled. Weak labor market data in the US signaled a potential economic slowdown and influenced expectations for an interest-rate cut. Treasury yields dipped, energy stocks declined, and tech stocks saw profit-taking. US stocks closed higher as job vacancies slipped. #StockMarket #OilPrices #Economy...

#newstr #UsStocks #OilPrices #UsEconomy

https://here.news/story/e140b6a8?ver=0.95
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