Wall Street edges back from its records
Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat
HONG KONG — (AP) — Asian stocks surged on Friday with Japan's Nikkei leading regional gains after Wall Street romped to records following the Federal Reserve's big cut to interest rates. U.S. futures and oil prices were lower. The Bank of Japan ended a ...
Wall Street edges back from its records as FedEx slumps
FedEx dragged on the market with a drop of 14.9% after its profit and revenue for the latest quarter fell short of analysts’ expectations. It said U.S. customers sent fewer packages through priority services, while it had to contend with higher wages for workers and other costs. FedEx also cut its forecast for revenue growth for its fiscal year.
Stock market today: Wall Street edges back from its records as FedEx slumps
A record-setting week for Wall Street is closing on a quieter note Friday, and U.S. stocks are pulling back from their highs hit during a worldwide rally the day before. The S&P 500 was down 0.5% in late trading,
Global stocks are mixed as Wall Street's rate cut-fueled rally fades
European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest rates fades
Asian shares extend rally, yen edges higher as BOJ holds steady
By Stella Qiu SYDNEY (Reuters) -Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest U.S. rate cut, while the yen edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy.
Japan's Nikkei leads gains in Asia after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia will also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.
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