BANGKOK — Stocks edged lower in Asia on Tuesday after a mixed finish on Wall Street, as investors weighed the risks of inflation against signs the recovery from the pandemic is gaining momentum.
A worsening coronavirus outbreak that has caused the government to declare a partial state of emergency and tighten pandemic precautions is likely to keep the economy in the doldrums in the current quarter, Makoto Tsuchiya of Oxford Economics said in a commentary. Investors and economists are concerned that a steep rise in prices could crimp the recovery and prompt the Federal Reserve to withdraw some of its support for the economy such as keeping interest rates ultra-low and buying bonds.
Great Day on Wall Street
good
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EXCLUSIVE Some on Wall Street try options trade to bet against AMCSome Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other 'meme' stocks this week through a type of wager in the options market that would limit their losses should retail investors behind the run-up prove them wrong.
Source: Reuters - 🏆 2. / 97 Read more »
You Can’t Stan K-pop Without Also Standing Up Against Anti-Asian Racism'How is it possible that when Asians are finally starting to be seen as 'cool' and 'hip' in the West, we're also being brutally attacked and even killed on a regular basis, often in broad daylight?'
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
The Great Green Wall: China's farmers push back the desert one tree at a timeAfter a hard morning planting fresh shoots in the dunes on the edge of the Gobi Desert, 78-year-old farmer Wang Tianchang retrieves a three-stringed lute from his shed, sits down beneath the fiery midday sun, and starts to play. New month! bonus !!! Only 30 serious person's needed SY Work from home with your smartphone and start earning $ 2,500 every 48 hours and $ 8,750 weekly Ask me How No hidden fee No Charges involved No Scam Only serious minded person's WhatsApp number +15102549630 SELAM..HERKES..TÜRKİYE..İLE..İ**Y**İ*..GEÇİNMEYE.MECBUR..EDİLMİŞTİR..MEHDİYET..DEVRİNDE..DEVRİM..OLARAK..SELAM
Source: Reuters - 🏆 2. / 97 Read more »
Wall Streeters outpace Europeans back to officeAmerican banks could steal another march on their European rivals. JPMorgan (JPM.N) Chief Executive Jamie Dimon and Goldman Sachs’ (GS.N) David Solomon want staff back at their New York and City of London desks at least some of the time this summer. Barclays (BARC.L), Deutsche Bank (DBKGn.DE) and HSBC (HSBA.L), (0005.HK) are being laxer. Sidewalk-pounding bankers working at Wall Street firms might win more facetime with clients, and an even greater share of deals.
Source: Breakingviews - 🏆 470. / 51 Read more »
Wall St opens flat as investors await inflation dataWall Street's main indexes opened unchanged on Monday as investors remained on the fence ahead of key inflation data later this week, while heavyweight technology shares largely shrugged off a deal by the world's richest nations on a global minimum corporate tax.
Source: Reuters - 🏆 2. / 97 Read more »