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Asian shares mostly rise on hopes for US debt deal, but China declines

Asian shares were mostly higher on Friday as hopes grow that the US Congress will reach a deal to avoid defaulting on the nation's debt.

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Dow Rises 115, Nasdaq Climbs 188, S&P Gains 39

NEW YORK (AP) Stocks rose again Thursday after more companies reported better profits than expected, while yields climbed after a Federal Reserve official cautioned the end to its interest-rate hikes may not arrive as soon as Wall Street hoped. The S&P 500 gained 0.9%, adding to its rally from the day before as hopes […]

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Hike again? Take a pause? Fed officials are split about what to do next to fight inflation

Many Fed watchers have expected the central bank’s officials to forgo another increase in their benchmark rate when they next meet in mid-June

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Stock market today: Asian shares mostly rise on hopes for US debt deal, but China declines

Stock market today: Asian shares mostly rise on hopes for US debt deal, but China declines
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Stocks on Wall Street rise despite hint Fed s rate hikes may NOT be over

Yields climbed after a Federal Reserve official cautioned the end to its interest-rate hikes may not arrive as soon as Wall Street hoped.

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