Asian Shares Mostly Lower On China Concerns, US Rate Uncertainty
(RTTNews) - Asian stocks ended mostly lower on Friday amid lingering worries about the Chinese economy and higher interest rates. The dollar and...
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(RTTNews) - Asian stocks ended mostly lower on Friday amid lingering worries about the Chinese economy and higher interest rates. The dollar and...
U.S. Treasury yields fell Friday as investors considered the economic outlook and weighed what could be next for Federal Reserve interest rate policy.
The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to extend the downward trend seen over the past few sessions. Concerns about the Chinese economy and the outlook for interest rates may continue to weigh on Wall Street despite a pullback by bond yields.
The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to extend the downward trend seen over the past few sessions. Concerns about the Chinese economy and the outlook for interest rates may continue to weigh on Wall Street despite a pullback by bond yields.
Randall Kroszner, who's now a University of Chicago economics professor, believes rates are staying high into well next year.