{"id":121860,"date":"2025-01-08T10:27:37","date_gmt":"2025-01-08T10:27:37","guid":{"rendered":"https:\/\/quixnet.net\/wpinstance\/stock-market-today-world-shares-are-mixed-after-wall-st-slumps-despite-strong-us-economic-data-the-associated-press\/"},"modified":"2025-01-08T10:27:37","modified_gmt":"2025-01-08T10:27:37","slug":"stock-market-today-world-shares-are-mixed-after-wall-st-slumps-despite-strong-us-economic-data-the-associated-press","status":"publish","type":"post","link":"https:\/\/quixnet.net\/wpinstance\/stock-market-today-world-shares-are-mixed-after-wall-st-slumps-despite-strong-us-economic-data-the-associated-press\/","title":{"rendered":"Stock market today: World shares are mixed after Wall St slumps despite strong US economic data – The Associated Press"},"content":{"rendered":"

Copyright 2025 The Associated Press. All Rights Reserved.
People stand in front of an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
People stand in front of an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
A person looks at an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan\u2019s Nikkei 225 index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
Traders work on the floor at the New York Stock Exchange in New York\u2019s Financial District Thursday, Jan. 2, 2025. (AP Photo\/Seth Wenig)
People stand in front of an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
People stand in front of an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
People stand in front of an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
People stand in front of an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
A person looks at an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
A person looks at an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan\u2019s Nikkei 225 index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
A person walks in front of an electronic stock board showing Japan\u2019s Nikkei 225 index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)
Traders work on the floor at the New York Stock Exchange in New York\u2019s Financial District Thursday, Jan. 2, 2025. (AP Photo\/Seth Wenig)
Traders work on the floor at the New York Stock Exchange in New York\u2019s Financial District Thursday, Jan. 2, 2025. (AP Photo\/Seth Wenig)
HONG KONG (AP) \u2014 Global shares were mixed on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity.
The future for the S&P 500 was 0.2% higher and that for the Dow Jones Industrial Average rose 0.1%.
Germany\u2019s DAX added 0.1% to 20,366.67 and the CAC 40 in Paris edged 0.1% to 7,483.37. Britain\u2019s FTSE 100 was flat at 8,243.39.
In Asian trading, Japan\u2019s benchmark Nikkei 225 lost 0.3% to 39,981.06. The U.S. dollar was trading at 158.25 yen, up from 158.06.
Hong Kong\u2019s Hang Seng lost 0.9% to 19,279.84 and the Shanghai Composite index was nearly unchanged at 3,230.17. Shares of Tencent fell 2.7%, and shares in CATL, the world\u2019s largest EV battery maker, dropped 1.7%. Both companies were included in a list released by the U.S. Defense Department<\/a><\/span> linking them to China\u2019s military.
In South Korea, the Kospi jumped 1.2% to 2,521.05. Australia\u2019s S&P\/ASX 200 advanced 0.8% to 8,349.10.
On Tuesday, the S&P 500 fell 1.1% and the Dow Jones Industrial Average dropped 0.4%. The Nasdaq composite tumbled 1.9%.
Stocks dropped as bond yields rose following the release of the encouraging reports on the economy. One said U.S. employers were advertising more job openings<\/a><\/span> at the end of November than economists expected. The other said activity for finance, retail and other services businesses grew <\/a><\/span> much faster in December than expected.
That\u2019s good news for workers looking for jobs <\/a><\/span> and for anyone worried about a possible recession that earlier seemed inevitable to some<\/a><\/span>. But a strong economy could also keep up pressure on inflation, and it could make the Federal Reserve less likely to deliver the cuts to interest rates that Wall Street loves. <\/p>\n

The Fed began cutting its main interest rate in September <\/a><\/span> to give the economy a boost, but it\u2019s hinted a slowdown in easing <\/a><\/span> is coming. The threat of tariffs from President-elect Donald Trump <\/a><\/span> has raised worries about possible upward pressure on inflation<\/a><\/span>, which has stubbornly remained just above<\/a><\/span> the Fed\u2019s 2% target.
Tuesday\u2019s report on U.S. services industries from the Institute for Supply Management also contained discouraging trends on inflation, saying price increases accelerated in December.
Friday will bring an update on the U.S. jobs market, which economists expect will show a slowdown in overall hiring. They\u2019re looking for growth of 156,500 jobs in December, according to FactSet.
In energy trading, benchmark U.S. crude added 93 cents to $75.18 a barrel. Brent crude, the international standard, rose 74 cents to $77.79 a barrel.
In currency trading, the euro cost $1.0326, down from $1.0341.
Copyright 2025 The Associated Press. All Rights Reserved.<\/p>\n

source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Copyright 2025 The Associated Press. All Rights Reserved.People stand in front of an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. (AP Photo\/Eugene Hoshiko)People stand in front of an electronic stock board showing Japan\u2019s Nikkei index at a securities firm Wednesday, Jan. 8, 2025, in Tokyo. […]<\/p>\n","protected":false},"author":1,"featured_media":121861,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[10],"tags":[],"class_list":{"0":"post-121860","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world","8":"entry"},"_links":{"self":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/121860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/comments?post=121860"}],"version-history":[{"count":0,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/posts\/121860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media\/121861"}],"wp:attachment":[{"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/media?parent=121860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/categories?post=121860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quixnet.net\/wpinstance\/wp-json\/wp\/v2\/tags?post=121860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}