Asian markets rally on US data after Dow hits record on Wall St
==========
Asian markets rose on 31 Aug 2024 after a record day on Wall Street; strong US economic data reassured investors; GDP expanded more than initially thought in Q2; jobless claims dipped; Fed's preferred inflation gauge and non-farm payrolls report upcoming; Fed chair Jerome Powell indicated it's time to lower rates; Atlanta Fed's Raphael Bostic expressed caution regarding September rate cuts; US markets mixed with Dow hitting record high while Nasdaq and S&P 500 fell due to Nvidia's 6.4% drop; Asian tech firms rebounded; Hong Kong up over 1%; inflation in Tokyo rose more than expected in August.
#AsianMarkets #UsEconomy #DowJones #Inflation #FederalReserve #Nvidia #Gdp #JoblessClaims #InterestRates #Tokyo
https://bangladeshpost.net/posts/asian-markets-rally-on-us-data-after-dow-hits-record-on-wall-st-144561
Bangladesh Post /
npub1a3…rq78e
2024-08-31 17:53:01
Author Public Key
npub1a3t8ezlhxe9s00wt8vccnp74rheph6rm52k8mhs9anmsyv0tv0xsvrq78eSeen on
wss://relay.damus.ioPublished at
2024-08-31 17:53:01Event JSON
{
"id": "1bc2b00045a183c66333c7fd9845893f109936dab662c1a3323d01d2831119f9",
"pubkey": "ec567c8bf7364b07bdcb3b318987d51df21be87ba2ac7dde05ecf70231eb63cd",
"created_at": 1725119581,
"kind": 1,
"tags": [],
"content": "Asian markets rally on US data after Dow hits record on Wall St\n==========\n\nAsian markets rose on 31 Aug 2024 after a record day on Wall Street; strong US economic data reassured investors; GDP expanded more than initially thought in Q2; jobless claims dipped; Fed's preferred inflation gauge and non-farm payrolls report upcoming; Fed chair Jerome Powell indicated it's time to lower rates; Atlanta Fed's Raphael Bostic expressed caution regarding September rate cuts; US markets mixed with Dow hitting record high while Nasdaq and S\u0026P 500 fell due to Nvidia's 6.4% drop; Asian tech firms rebounded; Hong Kong up over 1%; inflation in Tokyo rose more than expected in August.\n\n#AsianMarkets #UsEconomy #DowJones #Inflation #FederalReserve #Nvidia #Gdp #JoblessClaims #InterestRates #Tokyo\n\nhttps://bangladeshpost.net/posts/asian-markets-rally-on-us-data-after-dow-hits-record-on-wall-st-144561",
"sig": "f220f2363deeb4929e6c245f3e8f45c4d56cc1a2340aa6b10b79bc20c9b965afba9e73bc8ad48e414f29e12dc3ccf70e7f0c077a6329a9127ddeac28c7f5c4da"
}