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Asian benchmarks mostly rise after Wall Street's rally
Associated Press2d agobullish
Asian benchmarks mostly rise after Wall Street's rally

Asian shares mostly rose early Tuesday, as the market mood turned positive from the overnight rally on Wall Street. Hong Kong's Hang Seng gained nearly 0.6% to 25,185.26, while the Shanghai Composite rose 0.4% to 3,964.45. Wall Street climbed to the edge of its all-time high Monday.

AI and Chip Stocks Race Ahead
The Wall Street Journal3d agoneutral
AI and Chip Stocks Race Ahead

A rally in tech stocks led stocks to a strong start to the week. The Nasdaq Composite index gained 2.3%, its best session since early August. Investors will be looking to see whether President Trump meets with Iranian President Masoud Pezeshkian at the U.N. gathering beginning this week.

Rate Hikes Have Begun. Why Investors Shouldn’t Panic.
Barrons.com3d agoneutral
Rate Hikes Have Begun. Why Investors Shouldn’t Panic.

Almost everyone was expecting the Federal Reserve to raise interest rates this month. When the Fed raised interest rates for the first time in three years, from 3.75% to 4%, at the conclusion of the Federal Open Market Committee meeting last week, the move seemed a foregone conclusion. After all, the job market has been relatively stable, while the ongoing Iran war is just the latest fuel for the inflation fire.

Nasdaq, Mag-7 Stocks Surge Toward Records
The Wall Street Journal3d agobullish
Nasdaq, Mag-7 Stocks Surge Toward Records

The Nasdaq composite is poised to close at its first record since June after adding to gains in afternoon trading. The tech-heavy index was recently up 2.3% to 27121, which would be the highest close on record.

Stocks Pop in Early Trading as Oil Prices Slide on Reignited Iran Peace Hopes
Barrons.com3d agoneutral
Stocks Pop in Early Trading as Oil Prices Slide on Reignited Iran Peace Hopes

Stocks kicked off Monday's trading session in the green as investors optimistically looked to this week's United Nation General Assembly as an opportunity for an Iran resolution. The Nasdaq Composite popped 1%. "Stocks are coming off a second week of navigating multiple obstacles—high oil prices and yields, a rate hike, renewed concerns about AI risks—without suffering too much damage," Chris Larkin at E*TRADE from Morgan Stanley said.

Global stocks mixed as yen falls despite Bank of Japan rate hike
AFP6d agobearish
Global stocks mixed as yen falls despite Bank of Japan rate hike

Global stocks were mixed Friday at the end of a week dominated by central bank moves to tame inflation as the yen retreated against the dollar despite a Bank of Japan interest rate hike.The Bank of Japan raised interest rates to a three-decade high, but the yen sank against the dollar on fears the pace of hikes might be slower than expected.