Stocks stall in mixed trading day after worst drop in months

Financial

BEIJING — (AP) — Asian stock markets rose Thursday following Wall Street’s biggest one-day decline in two months after notes from a Federal Reserve meeting showed officials expect to keep U.S. interest rates high to fight stubborn inflation.Shanghai, Hong Kong and Seoul advanced. Japanese markets were closed for a holiday. Oil prices gained.Wall Street sank…

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!
US STOCKS-US stocks close at lowest since June, Treasury yields spike on hawkish Fed
Homebuilder confidence continues to be weighed down by high mortgage rates
Simple log structure may be the oldest example of early humans building with wood
Global lumber supplier acquires West Michigan logging company
Weyerhaeuser approved for first carbon credit project in Maine