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TAGGED : business

Stock market today: : Asian shares fall after bond market stress hits Wall Street

HONG KONG (AP) — Asian shares retreated Friday after rising bond market yields once again weighed on Wall Street, ending a lull in wider swings in prices during a brief respite from market moving data releases.U.S. futures edged higher and oil prices also advanced.Investors in Asia are facing ...

AP Business SummaryBrief at 9:31 p.m. EST

Powell reinforces Fed's cautious approach toward further interest rate hikesWASHINGTON (AP) — Federal Reserve Chair Jerome Powell suggested that the Fed is in no hurry to further raise its benchmark interest rate, given evidence that inflation pressures are continuing to ease at a gradual ...