Stocks in Asia Pacific were set to rise at the open on Thursday following an overnight surge on Wall Street.
Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 20,740 while its counterpart in Osaka was at 20,720. That compared against theShares in Australia were also set to see a positive start to their trading day. The SPI futures contract was at 5,604, as compared to theOn the economic data front, Japan's trade data for April is set to be released around 7:50 a.m. HK/SIN.
Investors will also likely continue to watch for developments on the coronavirus pandemic, as the World Health Organization said the number of newly reported cases globally , amid authorities around the world attempting to ease lockdown measures put in place to curb the virus' spread.
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Shit floats during a flood of water. Shit stocks float during a flood of digital money. Better find a digital Ark.
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Stock futures fall slightly, continuing volatile week on Wall StreetStocks are flat following Tuesday's drop in the Dow Jones Industrial Average. Ya think. It is irresponsible to compare a temporary virus with the Great Depression. Study other charts like the Spanish Flu, HIV, or SARS. Virus are not eternal like you seem to imply with so much apocalyptic fear ignoring today's ingenuity and technology. By Dec we’re going to be at: - Dow 35,000 - S&P 4,000 - NASDAQ 13,000 - Russell 1,800 Despite COVID, 20% unemployment, and the weakest global economy since the Great Depression.
Source: CNBC - 🏆 12. / 72 Read more »
Most investors don't think this rally is for real, according to widely followed Wall Street surveyAmid a surge that has seen the S&P 500 rise 32% since the March 23 trough, some 68% of survey respondents called the move a 'bear market rally.' It's not. We flooded the system with money of course it's for real Maybe the fact that the market rally is completely divorced from reality might have something to do with it.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks open higher on Wall Street a day after a late slideStocks open broadly higher on Wall Street as investors regain their confidence following a sudden drop a day earlier. Big-name investor favorites like Facebook, Apple and Amazon helped pull the market higher. thank goodness, we're all safe now That's terrific. I would hate for investors to not feel confident while people are dying and have no money to pay their bills. I don’t think you know what broadly means.
Source: AP - 🏆 728. / 51 Read more »