Global stocks and U.S. futures were up Monday following a Wall Street rally on Friday driven by strong tech earnings.Bumper results from Microsoft and Google parent Alphabet were enough to put worries over sticky inflation and slowing growth by the wayside. Friday's core personal consumption expenditures index, which the Fed uses as its preferred gauge of inflation, showed prices rising by 2.8 percent this year through March, excluding food and energy.
'What better time to do it than other on a Japanese public holiday which means lower liquidity in USD/JPY and more Bang for the BoJ's buck!!'Markets are closed on Monday in Japan as the country kicks off Golden Week, a series of national holidays.The Bank of Japan did not immediately respond to a request for comment when emailed by Newsweek.A dollar will currently buy around 155.80 yen.In the U.S., Monday marks the start of another busy week of earnings from big-name brands.
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Stock Market Today: U.S. Futures Slip Ahead of More Big Tech EarningsFacebook parent Meta saw shares slide in pre-market trading a day after it spooked investors with low sales and revenue forecasts.
La source: Newsweek - 🏆 468. / 52 Lire la suite »
Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights.
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Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »
Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region.
La source: AP - 🏆 728. / 51 Lire la suite »
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.
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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.
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