Shares are mostly lower in Asia, with Tokyo's markets closed for a national holiday. U.S. futures edged higher and oil prices advanced.
Defaults on debts in the property sector since 2021 have resulted in half-finished apartment buildings, disgruntled homebuyers and fears the industry’s troubles might further slow the world’s second-largest economy and shake global financial markets.
On Friday, Wall Street benchmarks fell, with technology stocks posing the biggest drag on the market. Investors are bound to focus on the Fed’s meeting. The central bank raised rates aggressively through 2022 and 2023 in an effort to tame inflation, but it maintained interest rate levels at its last meeting. Inflation has generally been easing back to the central bank’s target of 2%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Host Hotels & Resorts Stock Price Today | NASDAQ HST Live TickerView today's Host Hotels & Resorts Inc stock price and latest HST news and analysis. Create real-time notifications to follow any changes in the live stock price.
Read more »
J.B. Hunt Stock Price Today | NASDAQ JBHT Live TickerView today's JB Hunt Transport Services Inc stock price and latest JBHT news and analysis. Create real-time notifications to follow any changes in the live stock price.
Read more »
Lam Research Stock Price Today | NASDAQ LRCX Live TickerView today's Lam Research Corp stock price and latest LRCX news and analysis. Create real-time notifications to follow any changes in the live stock price.
Read more »
India, Sri Lanka battle for Asia Cup supremacy ahead of World Cup challengeTwice before in the Asia Cup Sri Lanka has lost to India in the Super Four stage only to beat them in the finals, in 2004 and 2008.
Read more »
Sri Lanka bat first in Asia Cup final against IndiaSri Lanka has won the toss and elected to bat first in the Asia Cup final against India at R. Premadasa Stadium.
Read more »