* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, June 13, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Op-Ed: Data Storage and Protection in Today’s Media & Entertainment Industry – Sports Video Group

    How Data Storage and Protection Are Transforming the Media & Entertainment Industry

    The Analyst Verdict: PENN Entertainment In The Eyes Of 7 Experts – Nasdaq

    7 Experts Reveal the Ultimate Verdict on PENN Entertainment

    3 Arts Entertainment Expands Into News With Acquisition of OManagement (Exclusive) – The Hollywood Reporter

    3 Arts Entertainment Expands Into News With Acquisition of OManagement (Exclusive) – The Hollywood Reporter

    Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

    Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

    Cisco Partners with Monumental Sports & Entertainment to Power New D.C. Arena – Cisco Newsroom

    Cisco Teams Up with Monumental Sports & Entertainment to Revolutionize the New D.C. Arena Experience

    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    “Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

    “Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

    MSI Viking and Mahr Host Technology Day – WSPA 7NEWS

    Step Inside the Thrilling World of MSI Viking and Mahr Technology Day!

    6.12pm is the new 8pm – Go Technology – cgastrategy.com

    6.12pm is the new 8pm – Go Technology – cgastrategy.com

    Russian Scientists Develop Sub-Ångström Technology for Next-Gen Quantum Processors – The Quantum Insider

    Russian Scientists Pioneer Sub-Ångström Technology to Revolutionize Next-Gen Quantum Processors

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    SunHydrogen Unveils Large Hydrogen Reactor in Houston – Fuel Cells Works

    SunHydrogen Launches Groundbreaking Large-Scale Hydrogen Reactor in Houston

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Op-Ed: Data Storage and Protection in Today’s Media & Entertainment Industry – Sports Video Group

    How Data Storage and Protection Are Transforming the Media & Entertainment Industry

    The Analyst Verdict: PENN Entertainment In The Eyes Of 7 Experts – Nasdaq

    7 Experts Reveal the Ultimate Verdict on PENN Entertainment

    3 Arts Entertainment Expands Into News With Acquisition of OManagement (Exclusive) – The Hollywood Reporter

    3 Arts Entertainment Expands Into News With Acquisition of OManagement (Exclusive) – The Hollywood Reporter

    Leading Proxy Advisory Firm Glass Lewis Recommends Shareholders Vote “FOR” Both of PENN Entertainment’s Director Nominees on the WHITE Proxy Card – Business Wire

    Glass Lewis Urges Shareholders to Support All PENN Entertainment Director Nominees on the WHITE Proxy Card

    Cisco Partners with Monumental Sports & Entertainment to Power New D.C. Arena – Cisco Newsroom

    Cisco Teams Up with Monumental Sports & Entertainment to Revolutionize the New D.C. Arena Experience

    Middle Eastern Entertainment Headlines at 5:49 a.m. GMT – Yahoo

    Exciting Updates from the Middle Eastern Entertainment Scene!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    “Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

    “Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

    MSI Viking and Mahr Host Technology Day – WSPA 7NEWS

    Step Inside the Thrilling World of MSI Viking and Mahr Technology Day!

    6.12pm is the new 8pm – Go Technology – cgastrategy.com

    6.12pm is the new 8pm – Go Technology – cgastrategy.com

    Russian Scientists Develop Sub-Ångström Technology for Next-Gen Quantum Processors – The Quantum Insider

    Russian Scientists Pioneer Sub-Ångström Technology to Revolutionize Next-Gen Quantum Processors

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    Study uncovers SiPore Technology’s capacity to regulate blood glucose levels – Nutraceutical Business Review

    SunHydrogen Unveils Large Hydrogen Reactor in Houston – Fuel Cells Works

    SunHydrogen Launches Groundbreaking Large-Scale Hydrogen Reactor in Houston

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

Stock market today: Asian shares fall as strong US data dash hopes for an end to rate hikes

July 7, 2023
in News
Stock market today: Asian shares fall as strong US data dash hopes for an end to rate hikes
Share on FacebookShare on Twitter

BANGKOK — Asian shares slipped Friday after another decline on Wall Street, where hopes for an end to interest rate hikes were again shaken by strong jobs data.

U.S. futures fell and oil prices were higher.

Investors were watching for updates from U.S. Treasury Secretary Janet Yellen’s visit to Beijing, where she was meeting with senior Chinese officials to try to soothe antagonisms over a host of issues and promote global financial stability.

Tokyo’s Nikkei 225 shed 1.2% to 32,388.42 and the Hang Seng in Hong Kong dropped 0.8% to 18,384.17. The Shanghai Composite index lost 0.3% to 3,197.42, while Australia’s S&P/ASX 200 sank 1.7% to 7,042.30.

India’s Sensex sank 0.6% and Bangkok’s SET index lost 0.3%.

A jobs report Friday will likely have a much bigger impact on Wall Street than anything else this week.

While a sturdy U.S. labor market keeps the economy out of a long-feared recession, it could also push the Federal Reserve to keep interest rates higher for longer in its campaign to defeat high inflation. That in turn could mean more pressure down the line on the economy and financial markets worldwide.

A report from ADP Research Institute suggested hiring by American private employers was much stronger last month than economists expected, with nearly twice as many jobs created than forecast.

But another report showed the number of U.S. workers applying for unemployment last week remains low relative to history, even if it was a bit higher than expected.

The Federal Reserve has raised its federal funds rate by 5 percentage points from virtually zero in the past year, trying to smother the worst inflation in decades by slowing the entire economy.

“As the growth trajectory of the U.S. economy improves, it becomes increasingly more challenging to envision what would cause the Fed to CUT rates anytime soon, as many market participants have been anticipating,” Stephen Innes of SPI Asset Management said in a commentary.

On Thursday, the S&P 500 lost 0.8%, to 4,411.59. The Dow Jones Industrial Average dropped 1.1% to 33,922.26 and the Nasdaq composite gave up 0.8% to 13,679.04.

Other reports on Thursday offered a nuanced picture. One said employers advertised fewer job openings in May than expected. That could mean less upward pressure on inflation. A separate report meanwhile said growth in U.S. services industries remains hot and accelerated in June.

Friday’s jobs report will likely have a much bigger impact on Wall Street than anything else this week.

Yields jumped in the bond market as traders ramped up bets for the Fed to keep rates higher for longer than previously expected. Hopes for a potential cut to interest rates by early next year diminished.

The yield on the 10-year Treasury rose to 4.04% from 3.94% late Wednesday. It helps set rates for mortgages and other important loans.

The two-year Treasury yield, which moves more on expectations for the Fed, climbed to 4.99% from 4.95%. It’s back to where it was in early March, before the failures of several U.S. banks rattled confidence across financial markets.

On Wall Street, Exxon Mobil was one of the heaviest weights on the market after it tumbled 3.7%.

JetBlue Airways sank 7.2% after it said it will end a partnership with American Airlines in the northeastern United States after losing a court fight over the deal. JetBlue will focus instead on salvaging its proposed purchase of Spirit Airlines. American Airlines fell 2.4%.

Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, wavered between small gains and losses after unveiling its new app Threads, a rival to Twitter, which has had a bumpy ride under new owner Elon Musk. Meta ended the day down 0.8%.

In other trading Friday, U.S. benchmark crude oil added 33 cents to $72.13 per barrel in electronic trading on the New York Mercantile Exchange. It gained 1 cent to $71.80 on Thursday.

Brent crude, the pricing basis for international trading, picked up 33 cents to $76.85 per barrel.

The dollar slipped to 143.39 Japanese yen from 144.06 yen. The euro rose to $1.0889 from $1.0890.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : ABC News – https://abcnews.go.com/Business/wireStory/stock-market-today-asian-shares-fall-strong-us-100833233

Tags: Marketnewsstock
Previous Post

Twitter threatens legal action against Meta over Threads

Next Post

Yellen’s visit to Beijing aims to heal rifts over a daunting array of China-US antagonisms

“Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

“Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

June 12, 2025
Six Penn State club sports teams win national championships – Penn State University

Six Penn State club sports teams win national championships – Penn State University

June 12, 2025

Colville Tribes and Ecology Unite to Transform Air Quality in Washington State

June 12, 2025
New menstrual pad device tracks period blood for signs of disease – Live Science

New menstrual pad device tracks period blood for signs of disease – Live Science

June 12, 2025
Can anything save US science from Donald Trump? – Times Higher Education

Is There Hope for US Science Under Donald Trump?

June 12, 2025
Philly VegFest brings all-things vegan to the community – The Philadelphia Tribune

Philly VegFest brings all-things vegan to the community – The Philadelphia Tribune

June 12, 2025
Making America Backward Again – Rolling Stone

Making America Backward Again – Rolling Stone

June 12, 2025
Op-Ed: Data Storage and Protection in Today’s Media & Entertainment Industry – Sports Video Group

How Data Storage and Protection Are Transforming the Media & Entertainment Industry

June 12, 2025
Covenant Health educating the youth on healthcare opportunities – KCBD

Unlocking Thrilling Healthcare Career Paths for Today’s Youth

June 12, 2025
Republicans to Press Hochul, Walz and Pritzker on Immigration in Hearing – The New York Times

Republicans Intensify Pressure on Hochul, Walz, and Pritzker Ahead of Key Immigration Hearing

June 12, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (682)
  • Economy (697)
  • Entertainment (21,601)
  • General (15,345)
  • Health (9,738)
  • Lifestyle (701)
  • News (22,149)
  • People (698)
  • Politics (704)
  • Science (15,914)
  • Sports (21,199)
  • Technology (15,684)
  • World (680)

Recent News

“Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

“Co-creation” boosts commercial technology for dual-use defense applications – Breaking Defense

June 12, 2025
Six Penn State club sports teams win national championships – Penn State University

Six Penn State club sports teams win national championships – Penn State University

June 12, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version