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On Friday, Asian stocks fell and the dollar remained steady as traders shied away from riskier assets on increased concerns about COVID-19 and ahead of critical U.S. inflation data that might influence Fed rate decisions. The MSCI Asia-Pacific Index outside of Japan (.MIAPJ0000PUS) was down 0.4 percent, while Japan’s Nikkei (.N225) fell 0.5 percent. The …

Asian Stocks Fall Ahead Of Significant Inflation Data From The United States Read More »

On Thursday, the week’s rise in risky assets and currencies, such as the Australian dollar, faded, but the US dollar battled to reclaim lost territory as investors awaited the Federal Reserve’s critical policy meeting next week. The Australian dollar remained constant at $0.7171, barely off Wednesday’s week high, after rising alongside equities this week, while …

Dollar Remains Weak With Omnicron Variant Read More »

Nasdaq Inc (NDAQ.O) is expected to outperform rival New York Stock Exchange (NYSE) in terms of initial public offers (IPOs) this year, with companies raising record amounts of capital through new stock flotations in the US. This year, Nasdaq Inc. is expected to outperform the New York Stock Exchange in terms of initial public offerings, …

Nasdaq To Outperform NYSE In Record Year For Initial Public Offerings Read More »

Mixed jobs statistics, uncertainty surrounding the Omicron coronavirus variety, and the route of the Federal Reserve’s policy tightening dragged on Wall Street’s main stocks on Friday, with the Nasdaq falling more than 2%. The S&P 500 technology index (.SPLRCT) fell 1.9 percent, outperforming the other 11 major sectors. Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O), Alphabet …

Nasdaq Down Over 2% As Tech Stocks Fall At The Conclusion Of A Volatile Week Read More »

Investors are concerned that the Omicron form would prove more resistant to vaccines, causing more broad global economic damage. Asian stock markets fell significantly in late trade, giving up earlier gains. On Monday, the region’s market followed Wall Street’s strong lead, which reacted favorably to news from US President Joe Biden that future lockdowns as …

Asia’s Stock Markets Are Falling As Moderna’s CEO Issues A Warning About Omicron Read More »