Business Maverick: Stocks mixed as Asia rises, tech hurts US futures: markets wrap

Equities rose in China, Japan and Australia while contracts for the Nasdaq 100 slid. Alphabet dropped as much as 7% in after-market trading on revenue that came in below expectations and Microsoft lost 8% following a disappointing revenue forecast.

A near 5% rebound in a gauge of US-listed Chinese stocks helped claw back some of the record loss suffered in the wake of President Xi Jinping breaking with China’s collective leadership. While the US data hasn’t changed expectations that the Federal Reserve will hike interest rates by 75 basis points next month, it adds to signs that an end to aggressive monetary tightening may come next year, taking pressure off global markets.

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met antonhendrikfx2 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks antonhendrikfx2

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks fall to 30-month lowsMSCI’s broadest index of Asia-Pacific shares dips to lowest since April 2020
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: Gains in global stocks eroded by turmoil in China: markets wrapGlobal equities clung to the slimmest of gains on Tuesday as volatility gripped Chinese stocks while other key markets around the region followed Wall Street higher amid optimism from early US corporate earnings reports.
Source: dailymaverick - 🏆 3. / 84 Read more »

Make or break week for Big Tech stocksInvestors are facing a make or break week for some of Wall Street’s most influential technology stocks.
Source: TechCentral - 🏆 8. / 71 Read more »

Help boost declining blood stocks | Boksburg AdvertiserThe South African National Blood Service (theSANBS) is facing blood stock shortages and needs help from the community to avoid a crisis.
Source: BoksburgNews - 🏆 40. / 51 Read more »

European stocks boosted by hopes of slower US rate hikesEuropean stocks got a lift from hopes that US interest rates could rise more slowly than previously thought, but policy worries following President Xi Jinping’s appointment of loyalists sent Chinese shares lower.
Source: BDliveSA - 🏆 12. / 63 Read more »