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The Latest Breaking News from Stephen Innes

Stocks Hammered After US Data Fans Recession Fears

A much-anticipated report Friday showed the US economy added just 114,000 jobs last month, well down from June and far fewer than expected, while the jobless rate rose to the highest level since October 2021.

Latin Times

Asian Markets Track Tech-led Plunge On Wall St, Yen Extends Gains

Asian markets tumbled Thursday after a tech-fuelled sell-off saw Wall Street tank, as disappointing earnings caused traders to panic that a months-long rally in the sector may have been overdone.

International Business Times

Asian Markets Track Wall St Losses After Mixed Tech Earnings

Asian markets fell on Wednesday following a mixed batch of US earnings that did little to boost enthusiasm as investors look for the tech sector to continue filing blockbuster profits after pumping billions into artificial intelligence.

International Business Times

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Asian Stocks Advance After Global Markets Fall On Tech Sell-off

Gold prices and bitcoin hit all-time highs Tuesday before reversing gains, while the sell-off in some technology stocks hit many markets around the world.

Latin Times

Asian Stocks Drop After Global Markets Fall On Tech Sell-off

Asian shares mostly slumped on Wednesday after global markets fell as traders locked in profits following recent tech-driven rallies.

International Business Times

Tokyo Stock Market Hits High; Oil Prices Dip

Japan's benchmark Nikkei 225 stocks index closed above 40,000 points for the first time Monday, while oil prices dipped after major crude producers agreed to cut output for a while longer, as expected.

International Business Times

Asian Stocks Rise On US Gains Ahead Of Key China Policy Meeting

Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing's annual growth target and other key policies will be announced.

International Business Times

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Asian Markets Mostly Up After US Gains

Asian markets were largely higher on Friday following Wall Street gains driven by tech rallies and key US inflation data that met investors' expectations.

International Business Times

Asian Markets Track Wall Street Losses

Asian shares mostly fell on Thursday tracking US losses ahead of the release of crucial inflation data later in the day that will help chart the Fed's rate cut timeline.

International Business Times

Asian Shares Muted Ahead Of Fed Comments

Asian stocks were largely muted on Wednesday after the release of lacklustre consumer confidence data, with comments from US Federal Reserve officials and fresh economic figures due later in the day.

International Business Times

Asian Markets Muted As Traders Await Fresh Data For Rate Clues

Last week's rallies -- including an all-time record close for Tokyo's benchmark index -- were fuelled by solid earnings from US chip titan Nvidia, a bellwether for artificial intelligence.

Latin Times

Asian Markets Mostly Lower As Traders Await Fresh Data

Asian markets began Tuesday mostly lower after record-setting gains last week, with traders eyeing the release of fresh economic data this week that could offer a better sense of when central banks may cut rates.

International Business Times

Asian Markets Advance After Record Rallies

Asian shares climbed Friday following a day of record highs in Japanese, US and European markets after demand for AI-powering chips drove tech gains.

International Business Times

Asian Markets Open Higher After US Tech Gains

Asian markets opened mostly up on Thursday, after higher-than-expected earnings from tech giant Nvidia and as investors weigh Fed minutes signalling most US officials are in no rush to cut rates.

International Business Times

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Latin Times

Asian Stocks Mostly Up As China Enjoys Lunar New Year Bump

Analysts pointed to data showing a 61% year-on-year rise in rail trips made in China during the Lunar New Year holiday, with hundreds of millions of people on the move as extended families gathered across the vast country.

International Business Times

Asia Stocks Mixed As China Enjoys Lunar New Year Bump

Chinese stocks were buoyant after Lunar New Year but other Asian markets were mixed on Monday as a hot US inflation report rekindled worries over the timing of Fed rate cuts.

International Business Times

Asian Markets Rally After Wall Street Highs

Asian markets rose Friday, supported by Wall Street and eurozone records, as traders shrugged off weak US retail sales and recession in Britain and Japan.

International Business Times

Asia Tracks Wall St Sell-off As US Labour Market Softens

Asian stocks sank Thursday, extending a rollercoaster week across world markets as investors jockey for position ahead of key US jobs data, while oil struggled to bounce back after hitting a five-month low.

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The Guardian - UK

US government shutdown bad for credit rating, Moody’s warns; UK economy ‘close to stagnation’ – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Oil hits $95 per barrel; CBI postpones annual meeting amid ‘cashflow challenges’ – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits 10-month high and CBI puts annual meeting on hold amid financial woes

Chronicle Live

Talented Seaham artist captures the colour of the North East in stunning paintings

Tynemouth Market regular Trudy Kepke is 'living the dream' after finally being able to pursue her passion for art full-time

The Guardian - UK

Markets rally despite banking fears; UK retailers turn optimistic after bleak winter – as it happened

Shares in First Citizens Bank surge 45% as it agrees to buy much of Silicon Valley Bank, while Saudi National Bank’s Ammar Alkhudairy resigns

The Independent UK

Asian shares mixed despite jitters after US bank failure

Asian shares are trading mixed, shaken by a Wall Street tumble that set off worries the biggest United States bank failure in nearly 15 years might have ripple effects around the world

The Independent UK

Asian shares mostly sink on jitters after US bank failure

Asian shares have mostly fallen, shaken by a Wall Street tumble that set off worries the biggest U.S. bank failure in nearly 15 years might have ripple effects around the world

The Guardian - UK

UK ‘not out of the woods yet’ after economy dodges recession by a whisker; Russia cuts oil output – as it happened

Latest GDP report shows that UK economy flatlined in final quarter of last year, while Russia is to cut oil production over Western price caps

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