US stocks slide on tariff fears, inflation expectations

Quick Summary:

NEW YORK: US and European shares fell Friday (Feb 7), with a cooler US jobs report and higher inflation expectations capping the end of a volatile week marked by concerns over a trade war.

Official data showed the United States added fewer jobs than expected in January while unemployment ticked down.

Tokyo stocks were weighed by a stronger yen, which picked up this week after Bank of Japan board member Naoki Tamura said he wanted borrowing costs to increase.

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Category: EconomyBusiness

Markets: SingaporeCanadaChinaHong KongJapanMexicoUnited States

Topics: Expected Trump Week Inflation Expectations Fell Showed Rose Data Stock Jobs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 09:25:26 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 599 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25972315

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 53 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #27

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