Asian stocks higher ahead of possible U.S. rate hike

Wall Street ended up 0.1% on Monday ahead of this week's Fed meeting at which officials are expected to announce a rate hike of up to three-quarters of a percentage point, triple the usual margin. That would put the Fed’s benchmark rate in a range of 2.25% to 2.5%, the highest since 2018 before the coronavirus pandemic.

Alibaba, China’s biggest e-commerce company said Tuesday it plans to apply for a primary listing in Hong Kong. The move would make Alibaba a dual-primary listed company on the New York Stock Exchange and the Hong Kong Stock Exchange. The Kospi in Seoul added 0.3% to 2,408.85 and Sydney's S&P-ASX 200 was 0.1% higher at 6,798.00. New Zealand retreated while Southeast Asian markets gained.

The major indexes are coming off solid gains last week following a mix of mostly better-than-expected reports on corporate profits.

yupp been telling everyone i know to invest in the Asian market for months now.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

U.S. futures rise as investors look to earnings, Fed - BNN BloombergStocks and US equity futures reversed earlier declines on Monday as earnings expectations outweighed concerns about a possible recession.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »