![]() ![]() report said more workers filed for unemployment benefits last week than expected. That would be the first time that’s happened in more than a year.Ī separate U.S. The reports helped reaffirm expectations on Wall Street that the Federal Reserve will hold off on hiking interest rates again at its next meeting in June. It followed a report from the prior day that showed inflation at the consumer level was also behaving largely as forecast. inflation at the wholesale level was a bit cooler last month than economists expected. Helping to limit the losses for the overall market was a report showing U.S. ![]() banking industry after high interest rates helped lead to three high-profile failures since March. Investors have been hunting for the next possible victim in the U.S. The S&P 500 lost 7.02 points, or 0.2%, to 4,130.62, with two out of every three stocks in the index falling. after reporting it lost streaming subscribers last quarter dragged on shares on Wall Street. Hong Kong’s Hang Seng was virtually unchanged at 19,746.09, while the Shanghai Composite lost 0.1% to 3,304.87.Ī surprisingly sharp drop for The Walt Disney Co. South Korea’s Kospi dropped 0.4% to 2,481.40. Moderator Justin Doubleday and guest, Matt Lembright from Censys will provide an industry perspective.Īustralia’s S&P/ASX 200 dipped 0.1% to 7,244.50. Insight by Censys: During this exclusive CISO Handbook webinar, moderator Jason Miller and Elena Peterson will explore cybersecurity research and IT modernization initiatives at PNNL. slumped after reporting its second year in a row of losses. gained after reporting relatively favorable earnings. Japan’s benchmark Nikkei 225 gained 0.9% in morning trading to 29,393.24 as companies like Nissan Motor Co. Recent data reflect very low inflation and weak credit extensions in China, which all indicate slowing growth as the initial jump from the nation dropping pandemic-related restrictions fades, he said. ![]() Recent data reflect very low inflation and weak credit extensions in China, which all indicate slowing growth as the initial jump from the. “Asian equities struggled for direction after weak inflation data in China pointed to weakening demand,” said Stephen Innes, managing partner at SPI Asset Management. banks and lagging demand from China, the region’s major driver of growth. TOKYO (AP) - Asian shares were mostly lower Friday on looming worries over U.S. ![]()
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