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Asia Markets: Asian stocks falls after Chinese inflation data surprises to the upside

BANGKOK (AP) — Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation. Japan’s benchmark Nikkei 225 index rebounded after falling the day before. Shares declined in Hong Kong, Shanghai, Sydney and Seoul. On …

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: ‘This is not the time to lessen our efforts’: Americans’ fear of COVID-19 falls to lowest level since April 2020

Fewer Americans now fear catching COVID-19 than at any point since the start of the pandemic, according to a new survey. Only 35% of U.S. adults reported they are very or somewhat worried about contracting COVID-19, according to Gallup. It’s the lowest level of concern since last April. Additionally, nearly …

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Futures Movers: Oil falls more than 3% as OPEC+ eases curbs, Iran output seen rising

Oil futures fell sharply Monday after a three-day weekend, with weakness attributed to concerns over the decision by the Organization of the Petroleum Exporting Countries and its allies to ease output curbs, along with indications more supply from Iran is making its way to market. West Texas Intermediate crude for …

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Mortgage demand falls, but average homebuyer size hits record

Total mortgage application volume fell 4.1% from the previous week, but were 16% higher than a year ago. The average loan amount for homebuyers hit another record high — $ 395,200, according to the Mortgage Bankers Association’s seasonally adjusted index reported by CNBC.  Homebuyers are seeing prices rise at the …

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: Tesla stock falls after $5 billion stock offering plan

Shares of Tesla Inc. dropped Tuesday after the electric vehicle market leader filed for the sale of up to $ 5 billion worth of stock. The share sale plan comes after the stock shot up 12.8% over the past three days to Monday’s record close of $ 641.76. That rally …

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Economic Report: Hiring falls slightly in September as recovery in U.S. labor market slackens

A restaurant displays a “Now Hiring” sign amid the coronavirus pandemic in Arlington, Virginia. Companies are still hiring more workers, but not as fast as they were during the summer. olivier douliery/Agence France-Presse/Getty Images The numbers: Job openings in the U.S. rose slightly in September and layoffs declined, but hiring …

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Metals Stocks: Gold on track to settle at a 7-week high as U.S. dollar falls

Martin Abbugao/Agence France-Presse/Getty Images Gold futures traded higher Thursday, lifted as the U.S. dollar slumped and investors watched results of the U.S. elections that appeared more likely to deliver a split government. Gold for December delivery GCZ20, +2.40% was up $ 32.30, or 1.7%, at $ 1,928.50 an ounce, while …

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Tesla stock falls after third-quarter deliveries keep demand concerns alive

Tesla Inc. stock fell more than 5% Friday after the Silicon Valley car maker reported quarterly sales that were above Wall Street consensus and hit a record but failed to dispel concerns about the company’s longer-term goals. Tesla TSLA, -7.37%  earlier Friday said it delivered 139,300 vehicles in the third …

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Metals Stocks: Gold falls as dollar rallies amid global, tech-led selloff

Gold futures were headed lower Tuesday as investors turned to U.S. dollars with global stocks sinking amid concerns about lofty valuations for highflying, technology-related stocks which had led the rally in equities amid the COVID-19 pandemic. Gold has come under pressure as “the dollar wrestles [to] break its downtrend and …

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