A woman walks by an electronic stock board of a securities firm in Tokyo, Friday, Dec. 9, 2016. Asian shares meandered Friday as an overnight rally in U.S. markets helped by the European Central Bank's decision to extend its bond-buying economic stimulus program faded.
Asian shares meandered Friday as an overnight rally in U.S. markets helped by the European Central Bank's decision to extend its bond-buying economic stimulus program faded. South Korea's benchmark slipped as lawmakers prepared to vote on whether or not to impeach President Park Geun-hye.
A majority of American adults - 54 percent - are bullish on the U.S. stock market for 2017 and almost four in 10 say they anticipate being in a better financial situation during the upcoming year than they are now. The latest Bloomberg National Poll shows growing optimism about the U.S. economy following the election of billionaire businessman Donald Trump as president, with positive feelings about the nation's financial direction among his supporters.
Donald Trump is known for airing his grievances and musings on Twitter, but now his opinions seem to be directly impacting the U.S. stock market and investors. The most recent example came this morning after the president-elect said that he wants to reduce drug prices in his interview with Time magazine, which named him "Person of the Year."
US stocks are edging mostly lower in early trading Thursday as major indexes back away from record high levels. Gains in banks and technology shares were outweighed by losses in other sectors including health care and industrial stocks.