World shares wobbly after Wall Street sinks into bear market

Financial

BEIJING (AP) — Asian stock markets were mixed Wednesday ahead of the Federal Reserve’s announcement of how sharply it will raise interest rates to cool U.S. inflation.Shanghai and Hong Kong advanced. Tokyo and Sydney declined. Oil prices edged higher.Wall Street’s benchmark S&P 500 index lost 0.4% on Tuesday as traders waited for a Fed rate…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Warning issued as UK homes face seeing £3,500 wiped from bank accounts
‘It’s still a seller’s market’ despite mortgage rates hitting 23-year high
Data Trends Show Industrial Capital Spending Increasing in 2023
Lumber Futures – September 29, 2023
Lumber Futures – October 3, 2023