Claims extracted
24
sentences that state something as happening or true
Uncertain
0%
0 of 24 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Toronto Star's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
HONG KONG (AP) — Asian shares fell and oil prices surged Thursday after stocks on Wall Street retreated from their latest records.
asserted
stocks → fall → records
Stocks once again have retreated under pressure from rising yields in the bond market.
asserted
Stocks → retreat → market
The yield on the 10-Year U.S. Treasury stayed near a multi-decade high after minutes released Wednesday from the U.S. Federal Reserve’s most recent meeting showed that most Fed officials expect another interest rate hike this year.
asserted
officials → stay → hike
Japan’s Nikkei 225 fell 0.9% to 69,438.77.
asserted
Nikkei → fall → 69,438.77
South Korea’s Kospi lost 0.8% to 6,750.25.
asserted
Kospi → lose → 6,750.25
Hong Kong’s Hang Seng declined 0.2% to 24,072.98.
asserted
Seng → decline → 24,072.98
The Shanghai Composite index edged down 0.1% to 3,840.03.
asserted
index → edge → 3,840.03
Australia’s S&P/ASX 200 slipped 0.6% to 8,677.20.
asserted
S&P → slip → 8,677.20
Taiwan’s Taiex dropped 0.7%.
asserted
Taiex → drop → ?
On Wednesday, Wall Street’s benchmark S&P 500 dropped 0.2% a day after reaching an all-time high.
asserted
S&P → drop → high
The Dow Jones Industrial Average slipped 0.7%, while the technology-heavy Nasdaq composite declined 0.2% from its record.
asserted
composite → slip → record
Inflation in the U.S. remains above the Fed’s 2% target.
asserted
Inflation → remain → target
In September, the Fed raised rates for the first time in three years by a quarter percentage point to a range of 3.75% to 4.00%.
asserted
Fed → raise → 4.00
Rising bond yields hurt stock prices, in part because companies and consumers face higher borrowing costs.
asserted
companies → rise → costs
Yields on U.S. Treasurys have surged as the global energy shock driven by the Iran war pushed prices higher, while the U.S. national debt has continued to grow.
asserted
debt → surge → prices
The yield on the U.S. 10-Year Treasury was at around 5.31% after rising as high as 5.36% on Wednesday, its highest level since 2002.
asserted
yield → rise → 2002
Adding to worries over inflation, oil prices have bounced back given the uncertainties over global crude supplies.
asserted
prices → add → supplies
The U.S. and Iran have yet to reach a deal to end their war.
asserted
U.S. → have → war
A report Wednesday by The Atlantic, citing two unnamed officials, said that the White House had asked the Pentagon to develop strike options against Iran before the midterm elections in November.
asserted
House → cite → November
Benchmark U.S. crude rose 1.9% to $89.96 a barrel.
asserted
crude → rise → 89.96
The International Energy Agency said Wednesday that its members support faster releases of oil from inventories.
asserted
members → say → inventories
The U.S. dollar rose to 158.20 Japanese yen from 158.08 yen.
asserted
dollar → rise → yen
The euro was trading at $1.1198, up slightly from $1.1197, as elevated yields for bonds in France and growing worries about its government debt added pressure to the euro.
asserted
yields → trade → euro
AP Business Writer Stan Choe contributed to this report.
asserted
Choe → contribute → report