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Update news Wall Street
Asian stocks slumped in early trade as concerns about higher US interest rates and a global trade war prompted investors to sell risk globally.
Asian stocks looked set to end 2016 on an upbeat note, while profit-taking weighed on the dollar and the euro held near a two-week high after spiking early in the day.
Asian shares were flat in early trade on Friday following mostly sluggish sessions on Wall Street and Europe, as 10-year U.S. Treasury yields surged to near 18-month highs and crude futures soared to 16-month highs.
Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data.
U.S. stocks dropped on Tuesday as investors fretted about Britain's exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months.
Asian share markets looked set to end a rough, volatile year on a subdued note on Thursday as a renewed slide in oil prices sapped sentiment, a baleful trend that shows every sign of lingering into 2016.
Asian stocks rose briskly on Wednesday, with sentiment lifting as Wall Street rose before a likely hike in U.S. interest rates, while the dollar held to large gains made as Treasury yields picked up.
Asian shares traded higher on Tuesday, recovering from Monday's losses, as Wall Street's positive close boosted investor confidence.
VietNamNet Bridge – For the past few years, Tran Hung Dao Street has become home to headquarters and offices of major banks, and is now known as “the Wall Street of Hanoi”.
U.S. stocks took a big hit Monday, with the Dow Jones Industrial Average closing at a one-month low, as investors grew more worried about a possible debt default in Washington.
US President Barack Obama sent Wall Street a blunt warning Wednesday that it should be very worried about a political crisis that has shut down the government and could trigger a US debt default.
U.S. stocks reversed earlier losses to trade into green territory on Monday despite disappointing economic data and McDonald's earnings report.
U.S. stocks rallied Wednesday, extending gains from the previous trading day, as an unexpected cut of the U.S. gross domestic product (GDP) for the first quarter of the year eased worries that the Federal Reserve may wind down
Wall Street losses deepened Monday after last week's slip, as stocks around the world were sold off amid fears over the cash squeeze in China and the U.S. Federal Reserve's possible tapering of its bond purchases later this year.
Shares of online retail titan Amazon.com surged on Tuesday after the company reported that quarterly profit sank at the end of last year but its margins were better than expected.
U.S. stocks rebounded to close higher Tuesday, as the White House welcomed a temporary extension to the debt ceiling, with both Dow Jones Industrial Average and Standard & Poor's 500-stock Index hitting more than five-year highs.