Stock market today: Asian shares advance after inflation data drives a rally on Wall Street
Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S. inflation. Japan's benchmark Nikkei 225 added 0.2% to 38,532.18. Bank of Japan data showed wholesale prices in Japan rose 3.
Wall Street rips higher on inflation data and strong bank profits
Wall Street has been seesawing for weeks as traders tear up their forecasts for what the Fed will do with interest rates in 2025. A further easing would boost the U.S. economy and prices for investments, but it could also give inflation more fuel.
Profits at Wall Street banks jump with trading strength, dealmaking rebound
Profits at some of the biggest U.S. lenders rose in the fourth quarter as dealmaking picked up and trading was boosted by strong equity markets, sparking a rally in banking stocks on Wednesday.
Stock market today: Wall Street rips higher after inflation data and strong bank profits
U.S. stocks ripped higher Wednesday following a shot of adrenaline from an encouraging update on U.S. inflation. Strong profit reports from Wells Fargo and other big U.S. banks also helped launch indexes to their best day in two months.
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Asian Stocks Gain After US Core Inflation Cools: Markets Wrap
Shares in Asia followed Wall Street higher Thursday as easing US core inflation kept alive the prospect of Federal Reserve rate cuts this year.
Stock market today: Asian stocks mixed ahead of US inflation data
Asian stocks are mixed after Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts
Asian Stocks Follow Wall St Higher On Welcome US Inflation Data
Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.
Asian markets mirror Wall Street gains after lower-than-expected U.S. inflation reading
Asian shares mostly rose Thursday, following Wednesday's rally on Wall Street, marking the biggest daily gains in over two months, driven by lower-than-expected core inflation data. Japan's benchmark Nikkei 225 (NKY:IND) added marginal gains,
Asian Stocks Cautiously Higher Amid US Inflation Data Anticipation
Asian stocks edged higher on Wednesday, mirroring Wall Streets overnight gains, but investor caution ahead of U.S. inflation data kept advances muted. Market participants closely monitor the Consumer Price Index (CPI)
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