Stocks opened higher on Monday to kick off what is set to be a busy earnings week, suggesting the market is regaining momentum after a steep selloff.The S&P 500 Index is down more than 5 percent this month. Geopolitical tensions in the Middle East spooked investors late last week and added to worries closer to home around high inflation that have weighed on the stock market recently.
MetaThings are looking brighter for Facebook and Instagram parent company Meta, which is up around 38 percent year-to-date, making it the second-best performer this year after microchip manufacturer Nvidia. Mark Zuckerberg's company has seen a boost in its advertising business and is capitalizing on AI mania. It recently rolled out the newest version its large language model, Llama 3.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asia stocks rise with market focus on signs of interest rate cutAsia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve. Oil prices advanced while U.S. futures were mixed. The yen weakened, coming close to a 34-year low.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia. U.S. futures were lower while oil prices rose. China real estate developer Vanke’s Hong Kong-listed shares slumped 11.4% on Tuesday after the company reported last week of a notable decrease in profit and no dividend payout.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Source: ksatnews - 🏆 442. / 53 Read more »
Stock market today: Hong Kong stocks lead Asia market gains while developer Vanke slumpsHong Kong stocks are leading gains in Asian markets while investors evaluate economic data from South Korea and Australia.
Source: wjxt4 - 🏆 246. / 63 Read more »
Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalateAsia stocks are mostly lower as worries about potentially escalating tensions in the Middle East rattle financial markets. U.S. futures rose and oil prices fell. The retreat in Asia on Monday following a mixed start to earnings reporting season that took the S&P 500 down 1.5% on Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.
Source: AP - 🏆 728. / 51 Read more »
Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalateAsia stocks are mostly lower as worries about potentially escalating tensions in the Middle East rattle financial markets.
Source: ksatnews - 🏆 442. / 53 Read more »