• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

Asean Breaking News

Update latest Asean news

  • About Us
  • Privacy Policy
  • Disclaimers
  • DMCA
  • Contact Us
  • Submit your story

You are here: Home / Business / Futures lower as global growth worries seep in

Futures lower as global growth worries seep in

November 9, 2018 channelnewsasia Leave a Comment

REUTERS: U.S. stock index futures fell on Friday, as a batch of weak Chinese data raised concerns about global growth a day after the Federal Reserve hinted at gradual tightening of borrowing costs. This gave investors a reason to keep away from risky assets, with worries about rising interest rates and the effects of the U.S.-China trade war taking the shine off a decade-long bull run for U.S. stocks this year. The S&P energy sector , which is down 4.85 percent this year and is lagging the broader S&P 500 index , could come under more pressure as U.S. crude price continues to lose ground. It has fallen more than 20 percent from its Oct.3 high, confirming a bear market as investors focused on swelling global crude supply. Shares of copper miner Freeport McMoran Inc dropped 2.8 percent in premarket trading as price of the metal, considered an economic bellwether, hit a one-week low. Trade-sensitive stocks such as Boeing Co and Caterpillar Inc fell more than 1 percent. “Worries about trade war and how the slowdown in China will impact the rest of the world mean stocks appear to be more risky, so there’s a typical risk-off move in markets today,” said DZ Bank rates strategist Pascal Segesser. Despite the worries, the main U.S. stock indexes are on track to post strong weekly gains as the midterm elections on Tuesday offered relief to investors, with the results coming in largely as anticipated. The Fed, as expected, left interest rates unchanged… [Read full story]




  • Climate Change - Forecasting the Future of Global Warming
  • Futures lower as Italy worries weigh, trade relief fades
  • European stocks bounce back on Italy relief, China growth worries linger
  • IMF cuts global growth forecast to 3.7% for 2018, 2019 as risks rise
  • News IMF cuts global growth forecast as risks rise
  • IMF sees solid near-term global growth but risks beyond
  • Wall Street opens lower as yields, global growth concerns weigh
  • News IMF warns of rising risks to global growth as trade tensions loom
  • News IMF sees emerging Asia as top global growth engine
  • News Fitch keeps PH investment grade rating but lowers economic growth forecast

Business global growth forecasts, Global Growth Forecast, global growth rate, global growth etf, global growth fund, henderson global growth, henderson global growth fund, radius global growth experts, imf global growth forecast, munro global growth fund, GE Global Growth Organization, worrying about the future, worrying too much about the future, how worried are you about global warming, Global Growth, Worry About The Future, worried about my future, worried about the future, worries about the future, worrying about future, global warming in the future, global warming future, Future Growth Industries, global futures, Global Futures Group, worry, business and finance, U.S, China, S&P

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Primary Sidebar

Categories

Asia Backstage Bacolod Basketball Breaking News Business Business News Canada Career Cebu Davao Entertainment Featured Columns Finance GTA Headlines Health Inside News Instagram Life Lifestyle Litra-Talk Bansa Probinsiya Metro Opinyon Palaro Showbiz True Confessions Dr. Love Kutob Komiks local Luzon Manila Metro Mindanao National News Opinion Opinions and Editorials Other Sports Overseas Provincial Queen's Park Singapore sport Sports Tech Insider Technology Today's Headline Photos Travel Uncategorized Weekly World

Recent Posts

  • Pop rockers The 1975 win big at Brits
  • Trump bars US-born woman who joined IS from returning
  • Establish rules to manage data collected from smart city technology, Toronto councillor urges
  • News Mobile number portability makes switch to third telco easier: senator
  • Beyonce and Jay-Z make surprising tribute to Meghan Markle while accepting BRIT Award
  • Fire kills 45 in Bangladesh capital: Official
  • Stanley Cup contenders walk a fine blue line
  • Catriona: Address why kids commit crimes, not lower age of criminal responsibility
  • US arrests Coast Guard officer who planned mass attack: Prosecutors
  • Ex-Trump campaign worker files lawsuit to kill non-disclosure pacts

Copyright © 2019 Asean Breaking News. Power by Wordpress.