Latest news with #SSEComposite
Deccan Herald
9 hours ago
- Business
- Deccan Herald
Markets surge in early trade mirroring sharp rally in global peers, drop in crude oil prices
In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng were trading sharply higher.
Deccan Herald
06-06-2025
- Business
- Deccan Herald
Sensex jumps nearly 600 points as RBI cuts repo rate by 50 bps; realty, bank, auto stocks surge
In Asian markets, South Korea's Kospi and Japan's Nikkei 225 index were trading in the positive territory while Shanghai's SSE Composite index and Hong Kong's Hang Seng quoted marginally lower.
Deccan Herald
06-06-2025
- Business
- Deccan Herald
Markets declined in early trade ahead of RBI monetary policy outcome
In Asian markets, South Korea's Kospi and Japan's Nikkei 225 index were trading in the positive territory while Shanghai's SSE Composite index and Hong Kong's Hang Seng quoted marginally lower.
Deccan Herald
28-05-2025
- Business
- Deccan Herald
Markets drop in early trade dragged by ITC
In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index were trading in the positive territory while Hong Kong's Hang Seng quoted lower.
Yahoo
06-05-2025
- Business
- Yahoo
Investors worry about Fed independence as stocks rise in China and Japan
The S&P 500 closed down 0.64% on Monday and S&P futures were down 0.69% pre-opening in New York. A monthly survey of China's services sector fell to its lowest level ever, excluding the COVID pandemic, suggesting President Donald Trump's trade war is hitting the world's second-biggest economy, but shares on the SSE Composite rose 1.1%. Investors seem to be waiting nervously before the Fed's Wednesday rate decision—and Trump's reaction. Markets in Asia and Europe largely rose this morning while S&P futures dropped about 0.7%, setting the broad U.S. index up for a second day of losses after a nine-day winning streak as investors nervously await the Fed's Wednesday interest rate decision—and President Donald Trump's reaction. Wall Street is almost certain that the Fed will keep interest rates steady in the 4.25-4.50% range, but analysts expect that Trump will ratchet up his attacks on Fed Chair Jerome Powell for not lowering rates. 'The attacks on Powell are going to escalate a lot,' Jeremy Siegel, emeritus professor of finance at the Wharton School of the University of Pennsylvania, said during a CNBC interview Monday. 'Trump, I think, is going to step up the escalation." Any such escalation could frighten off skittish investors, notes EY-Parthenon chief economist Gregory Daco. 'We caution that even the perception of political influence over monetary policy could unsettle markets," he wrote in a note. "A sustained loss of confidence in the Fed's autonomy risks de-anchoring inflation expectations, lifting long-term yields, raising debt servicing costs, and undermining demand for dollar assets." The fact that markets may be starting to factor heightened uncertainty around the future of Fed leadership can be seen in the recent rise in U.S. asset risk premia, Daco wrote. Despite Fed leadership worries, investors can take solace in the resilience of the world economy—so far. "The data are sending a straightforward message that global growth remains solid," write Bruce Kasman and his team at JPMorgan Chase. "Despite a noisy stall in the US, global GDP grew at a trendlike 2.4%ar in 1Q25. Available April readings show sustained momentum as we turn into the current quarter." Here's a snapshot of today's action: The S&P 500 declined 0.64% yesterday following nine straight days of gains. President Trump's announcement of a 100% tax on American movie production in foreign countries sent Netflix down 2%, Paramount down 1.6%, and Disney down 0.4%. S&P futures pointed to more gloom today: Contracts were priced down 0.8% in premarket trading. The VIX fear index is up 9% today. But Asian markets rose this morning: China's SSE Composite was up 1.1% (and is up 1.64% YTD). Japan's Nikkei 225 was up 1%. The Stoxx Europe 600 was down 0.7% in early trading. This story was originally featured on
