Why a strong dollar threatens a fragile stock market, but is a boon to the Fed

Microsoft Corp. isn’t the only US company pointing to the dollar’s surge as a potential problem. A strong dollar has been a hot topic this week since the software giant MSFT and Salesforce Inc. CRM pointed to challenges the currency is causing for earnings. It’s been flagged in other industries too, including by Pfizer Inc., … Read more

Asian markets rise, with boost from Wall Street’s latest rally

TOKYO — Asian shares rose Friday amid mixed signs for investors such as rising energy prices and COVID-19 restrictions easing in China. Trading was closed in China for the Dragon Boat Festival, a national holiday. Benchmarks in the rest of the region edged higher, cheered by an overnight rally on Wall Street. Market players are … Read more

Asian markets slide amid COVID, rate-hike worries

TOKYO — Asian shares declined Thursday, echoing a retreat on Wall Street as investors fretted about higher interest rates and rising coronavirus cases in parts of the region. Japan’s benchmark Nikkei 225 NIK, -0.16% lost 0.2% and Australia’s S&P/ASX 200 XJO, -0.80% edged down 1%. South Korea’s Kospi 180721, -1.00% slipped 1%. Hong Kong’s Hang … Read more

Exclusive: Fed’s Bostic says idea of ​​September pause is not tied to any looming market rescue

Atlanta Fed President Raphael Bostic, in an exclusive interview with MarketWatch, said his suggestion that the central bank take a September “pause” in its push to raise interest rates should not be construed in any way as a “Fed put,” or belief that the central bank would come to the rescue of markets. In a … Read more