Asian Stocks to Rise After US Gains, China Support: Markets Wrap

-- Asian stocks are set to climb in early trading after US equities notched a fresh record amid resilient corporate earnings and China took steps to shore up its property market.Even If Alito Is Right, the Upside-Down Flag Was WrongEquity futures in Australia, Hong Kong and mainland China point to early gains when trading resumes Monday, while contracts in Japan nudged lower.

“May has beaten the seasonal curse of selling and going away,” said Bob Savage, head of markets strategy and insights at BNY Mellon. “The “not nonplussed” nature of the current time won’t last but the lesson from the last week is to enjoy the moment. The lack of bigger shocks to the world in the last week stands out and makes for an extension of the May risk rally.”

“We continue to expect the Fed to cut rates by 50 basis points this year, with more reductions in 2025 and 2026,” said Solita Marcelli, Chief Investment Officer Americas, UBS Global Wealth Management. “This creates a benign macro environment that is supportive of our investment recommendation for quality bonds and quality stocks.”

This TSX stock has seen shares rise higher, with demand for oil increasing, and yet the company could be in a world of hurt from one factor. The post Here’s Why I Wouldn’t Touch This TSX Stock With a 50-Foot Pole appeared first on The Motley Fool Canada.The TFSA is the perfect place to compound wealth. Here are 3 top Canadian stocks to hold for a lifetime. The post TFSA: 3 Canadian Stocks to Hold for a Lifetime appeared first on The Motley Fool Canada.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian Stocks to Rise After US Gains, China Support: Markets WrapAsian stocks are set to climb in early trading after US equities notched a fresh record amid resilient corporate earnings and China took steps to shore up its property market.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Asian Stocks to Rise as Tech Lifts Wall Street: Markets WrapEquities in Asia were set for early gains after stocks and bonds rallied on Wall Street Thursday, ahead of crucial US jobs data due later Friday.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Asian Stocks to Rise as Tech Lifts Wall Street: Markets Wrap(Bloomberg) -- Equities in Asia were set for early gains after stocks and bonds rallied on Wall Street Thursday, ahead of crucial US jobs data due later...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Asian Stocks to Rise, Jobs Data Fuels Wall Street: Markets Wrap(Bloomberg) -- Asian stocks were primed for gains Friday after an upbeat day on Wall Street following jobs data that supported the case for Federal Reserve...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Asian Stocks to Rise, Jobs Data Fuels Wall Street: Markets WrapAsian stocks were primed for gains Friday after an upbeat day on Wall Street following jobs data that supported the case for Federal Reserve rate cuts this year.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Stock market today: Asian shares are mixed as China stocks get bump from new property measuresAsian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement of fresh measures to revive the ailing property...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »