HONG KONG, March 2 — Stocks were mixed Thursday but trading was subdued as Federal Reserve interest rate hike worries returned to the agenda with two top officials warning more tightening will be needed to slay inflation.
The S&P 500 and Nasdaq closed in the red after the comments from Fed policymakers Raphael Bostic and Neel Kashkari, which pointed to rates going higher than feared and for an extended period. And Minneapolis boss Kashkari said he was still “open-minded” about backing a 50-basis-point hike at the next policy meeting, double the most recent increase.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Online users kept waiting for hours on airline website as Hong Kong ticket giveaway beginsHong Kong Airlines website paralysed by surge in visitor traffic as carrier rolled out 6,000 round-trip ‘zero-dollar’ tickets to Hong Kong from Bangkok, Hanoi and Manila. Lucky draw part of the city’s ‘Hello Hong Kong’ campaign, which will give away at least 500,000 airline tickets, with the first round targeting South-East Asian markets.
Source: staronline - 🏆 4. / 75 Read more »
Hong Kong to lift Covid mask mandate on WednesdayHONG KONG: Hong Kong will lift its mask mandate Wednesday, ending the city's last major restriction imposed during the Covid-19 pandemic.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »
6 Most Gruesome Murder & Dismemberment Cases In Hong KongA particular murder case has been occupying plenty of minds recently. Last week, Hong Kong socialite Abby Choi (蔡天凤) was discovered to have been murdered by her ex-husband and former in-laws. However, what truly shocked the world was how gruesome the murder was. Abby had reportedly been dismembered and her body parts scattered. To the […]
Source: HypeMY - 🏆 10. / 63 Read more »
Hong Kong stocks close more than 4pc higherHONG KONG, March 1 — Hong Kong and mainland stocks rallied more than four per cent today after forecast-busting Chinese data showed factory activity expanding at its fastest pace...
Source: malaymail - 🏆 1. / 86 Read more »
Airline websites swamped as Hong Kong ticket giveaway takes offHONG KONG, March 1 — People hoping to take advantage of a Hong Kong scheme to give away half a million free airline tickets faced hours-long online queues on Wednesday, as the...
Source: malaymail - 🏆 1. / 86 Read more »
Sebahagian tubuh, tangan Abby Choi masih belum ditemukan | Harian MetroHong Kong: Polis Hong Kong kembali ke perkampungan Tai Po pada Rabu untuk menemu bual penduduk setempat dalam usaha mengumpul lebih banyak bukti berkaitan pembunuhan ngeri sosialit Abby Choi.
Source: hmetromy - 🏆 26. / 51 Read more »