Asian shares advance despite Wall Street losses as US Treasury's moves fail to calm markets
HONG KONG (AP) — Asian shares were mostly higher on Friday following a retreat on Wall Street as a U.S. Treasury Department plan to boost its government debt buybacks had only limited capacity to calm markets.
U.S. futures edged higher.
Japan’s Nikkei 225 fell 0.3% to 66,016.36.
Read MoreGold ETF Inflow Curbs Lifted: HDFC, Axis, And Tata Mutual Funds Reopen Subscriptions
Shortly after the announcement, Axis Mutual Fund resumed the acceptance of direct subscription transactions by large investors for an amount exceeding Rs 25 in the Axis Gold ETF, effective from August 18, 2026. Presently, lump sum subscriptions and switch-in transactions for the Axis Gold Fund are being accepted without any restrictions from the same date.
Read MoreLord Abbett Floating Rate Fund Q2 2026 Commentary
Lord Abbett is an independent, privately held, global asset manager and one of the oldest money management firms in the United States. They manage assets across a full range of U.S. mutual funds, UCITS funds, institutional and separately managed accounts for clients around the world. Note: This account is not managed or monitored by Lord Abbett,
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Read MoreSocial Security is paid out on Wednesday, August 26: who benefits?
In the U.S., some Social Security beneficiaries are to get their latest monthly money next week, as the Social Security Administration (SSA) completes its three-Wednesdays payment cycle for August 2026.
Who gets Social Security on Wednesday, August 26?
Of the more than 71.3 million recipients of Social Security benefits nationwide,
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Read MoreMortgage Rates Today, August 27, 2026: 30-Year Rates Climb to 6.73%
Factors influencing current mortgage rates
Today’s mortgage rates are influenced by economic and market conditions, as well as personal factors. The rate you’re quoted by a lender might be higher or lower than the national average. Here are some of the items considered when calculating your mortgage rate:
- 10-year Treasury yield: Current mortgage rates,
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Read MoreThe Burst
Market Commentary: 3 Cathie Wood’s Stocks Are Soaring Again
It’s been a while but eventually the wheel has come full circle for Cathie Wood, it seems. From the dizzying heights of 2021 to the crushing lows of 2022, Wood and her ARK Invest fund have enjoyed the highest highs and suffered the lowest lows.
Over the past couple of weeks, sentiment has swung back in her favor and some of her stocks have been on an absolute tear,
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Read MoreThe Ivy
Is This Buffett Stock Doomed?
With over 33 million subscribers as of 2024, Sirius XM seems like a company that has scaled and locked in a wide moat, but is there more to this Buffett stock than meets the eye.
After all, Buffett may be famous for making billions but he’s not immune to picking poor stocks from time to time.
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