Why Digital World Acquisition and Phunware Shares Are Sinking Today

Reuters
Morning Bid: Powell sparks stock volatility, yen soars
Asia gets back up toward full speed on Thursday after many markets were closed for the May Day holiday, with the U.S. Fed's guidance, a surging yen and manufacturing PMIs from across the continent all serving as potential market sign posts. Asia's economic calendar is jam-packed on Thursday, with highlights including: manufacturing PMIs from seven countries, consumer inflation from South Korea and Indonesia, Hong Kong's first quarter GDP, Australian trade figures, and consumer confidence from Japan. Moves in U.S. trading on Wednesday will likely set the early market tone - Wall Street gyrated, yields tumbled and the dollar fell after Fed Chair Jerome Powell said an interest rate hike was "unlikely", and that his baseline scenario is still for inflation to cool and pave the way for lower interest rates.
a minute ago
Reuters
MORNING BID ASIA-Powell sparks stock volatility, yen soars
Asia gets back up toward full speed on Thursday after many markets were closed for the May Day holiday, with the U.S. Fed's guidance, a surging yen and manufacturing PMIs from across the continent all serving as potential market sign posts. Asia's economic calendar is jam-packed on Thursday, with highlights including: manufacturing PMIs from seven countries, consumer inflation from South Korea and Indonesia, Hong Kong's first quarter GDP, Australian trade figures, and consumer confidence from Japan. Moves in U.S. trading on Wednesday will likely set the early market tone - Wall Street gyrated, yields tumbled and the dollar fell after Fed Chair Jerome Powell said an interest rate hike was "unlikely", and that his baseline scenario is still for inflation to cool and pave the way for lower interest rates.
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USA TODAY
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The Independent
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Business Wire
Fulton Financial Announces Closing of $287.5 Million Offering of Common Stock
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Why Digital World Acquisition and Phunware Shares Are Sinking Today

Latest stories

Morning Bid: Powell sparks stock volatility, yen soars

MORNING BID ASIA-Powell sparks stock volatility, yen soars

Arizona Senate votes to repeal 1864 abortion ban

Nickelodeon Alum Victoria Justice Was 'Uncomfortable' Filming Her First Sex Scene

Nicho Hynes in brutal admission about Origin flop as Sharks star firms for Blues side

Ed Sheeran Announces Brooklyn Anniversary Show to Celebrate 10 Years of 'X': 'Feels Wild'

Trump admits he told Secret Service to take him to Capitol on Jan 6 in rambling campaign rally

KBRA Release Recap of LSTA and DealCatalyst Annual CLO Conference

Questions grow over claims by Eric Adams and NYPD that ‘outside agitators’ behind Columbia protests

VerticalScope Partners with The Trade Desk to Integrate OpenPass and OpenPath

Local elections 2024 live: Polling stations set to open for council and mayoral contests across England

Dow Jones Futures: Stock Market Erases Fed Gains; Carvana Skyrockets Late

Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend

UPS Announces Quarterly Dividend

Is It Time To Consider Buying Life360, Inc. (ASX:360)?

Carvana, Ebay, MGM Resorts: After hour movers

Dan Schneider sues 'Quiet on Set' producers for defamation, calls docuseries 'a hit job'

Vanessa Lachey Wishes She Got 'a Proper Goodbye' to “NCIS: Hawai'i” as She Reflects on Show's Untimely End

UCLA cancels classes after violent clashes between opposing protestors prompts police response: Live updates

Fulton Financial Announces Closing of $287.5 Million Offering of Common Stock