Asia stocks set to gain after recovery hopes push Wall Street higher

FILE PHOTO: A man wearing a protective face mask, following the coronavirus disease outbreak, walks in front of a stock quotation board outside a brokerage in Tokyo, Japan, May 18, 2020. REUTERS/Kim Kyung-Hoon

Australian S&P/ASX 200 futures were up 0.67% and Hong Kong’s Hang Seng index futures rose 0.52%. However, Japan’s Nikkei 225 futures were down 0.04%.​ U.S. stocks also added to gains late in the trading session after the Federal Reserve eased the terms of its “Main Street” lending program to encourage more businesses and banks to participate.

The Organization of Petroleum Exporting Countries and others had on Saturday agreed to sustain cuts equal to about 10% of global oil supply.

Guys you lack excuses for the continuing bull rally. It's like ''the market is up because the sun was shining today''

$BABA, $NTES, $HUYA, $KC

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Asia Pacific stocks set to trade higher as S&P 500 turns positive for the yearAn overnight rally stateside saw the S&P 500 erasing its losses and entering positive territory for the year.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jobs report shocker is evidence economy is playing catch-up to a 'ray of sunshine' market, Wall Street bull Ed Yardeni suggestsYardeni Research's Edward Yardeni believes the historic May jobs report is a game changer for Wall Street. TradingNation the only thing shocking about the may job report was the big error you bozos. TradingNation Weren’t the books cooked and the numbers all wrong? Are you going into tomorrow with the original numbers? TradingNation Didn’t the jobs report have a note saying the 13% number was incorrect and closer to 16%? Why is this still the CNBC line since it’s been debunked as a lie?
La source: CNBC - 🏆 12. / 72 Lire la suite »