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Asian stocks are mixed after Wall Street slips following Fed's rate hike decision
Associated Press4d agoneutral
Asian stocks are mixed after Wall Street slips following Fed's rate hike decision

Asian shares were mixed on Thursday after Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. Japan’s Nikkei 225 index was 0.2% higher at 64,067.53. The Hong Kong Hang Seng fell 0.7% to 24,533.46, while the Shanghai Composite index lost 0.4% to 3,877.46.

It's a Bullish Rate Increase, for Now
Barrons.com4d agoneutral
It's a Bullish Rate Increase, for Now

Markets had widely expected the Fed to raise interest rates on Wednesday, and investors seem to be happy that the central bank followed through on those expectations. Looking at the so-called "dot plot," it looks like the Fed is embarking on short adjustment cycle, with the majority of officials only penciling in one interest rate hike later this year and no movement in 2027. Officials moved up their forecast for economic growth and lowered their projections for unemployment rate.

What Happens to Stocks If the Fed Lifts Rates
Barrons.com4d agoneutral
What Happens to Stocks If the Fed Lifts Rates

Stocks were on the rise in what could be the major indexes' best Fed decision day in years, but the path forward could be volatile. The S&P 500 rose 0.3%, and the Nasdaq Composite rose 0.7%. Historically, stocks tend to underperform in the near term after the Fed's first rate increase in a monetary tightening cycle, Dow Jones Market Data showed.

Stocks Bounce Back Ahead of a Big Day for the Fed
Barrons.com5d agoneutral
Stocks Bounce Back Ahead of a Big Day for the Fed

Stocks were staging a modest rebound from yesterday's slide ahead of the highly-anticipated Federal Reserve interest-rate decision. The Nasdaq Composite gained 0.4%, and the S&P 500 rose 0.2%. The Dow Jones Industrial Average was down 0.