Asia Stocks Set to Fall as Meta Drags on Big Tech: Markets WrapMeta’s Miss Sparks Fear in Tech World With Big Earnings LoomingNetflix Is Betting Big on Latin AmericaStripe Unlocks Its All-or-Nothing Payment Processing ApproachTikTok Says Law Is on Its Side as It Readies to Fight US BanTesla’s Self-Driving Software Is a Perpetual Revenue LetdownTikTok Ban Looms With Biden Poised to Start 270-Day CountdownCrypto-Mixing Service Founders Charged in Money-Laundering CaseBiden Signs Aid Bill, Says...
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Stocks in Asia Set to Follow Wall Street Lower on Rate SpeculationStocks in Asia are expected to decline following Wall Street's lead as speculation grows that major central banks will maintain higher interest rates for a longer period. Economic data and a rally in commodities have contributed to this speculation. The opening of equities in Australia was down, while futures indicated declines in Japan and little change in Hong Kong. Skepticism about the pace of Federal Reserve easing has increased due to better-than-estimated data on US job openings and factory goods orders. This has led traders to project fewer rate cuts in 2024, causing 10-year yields to reach their highest levels since November. The repricing of central-bank bets, which had been ignored by US stocks during a recent rally, has now weighed on the market.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Tesla surges after earnings, stocks cling to gains ahead of Meta's reportTesla's surge is putting Big Tech earnings center stage as investors look to megacaps to lift stocks.
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Tesla, Meta And Other Earnings Will Test Stocks’ Recent SelloffInvestors appear to be favoring value stocks over growth in the latest market downturn, which saw the biggest drop for US equities last week since the Silicon Valley Bank collapse.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Asia Stocks to Rise as Tesla Buoys US Tech Giants: Markets Wrap(Bloomberg) -- Stocks in Asia were set to open higher after a US rally in tech heavyweights, whose high-stakes earnings are being seen by Wall Street...
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Asia Stocks to Rise as Tesla Buoys US Tech Giants: Markets WrapStocks in Asia were set to open higher after a US rally in tech heavyweights, whose high-stakes earnings are being seen by Wall Street investors as a major test of the bull run in equities.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Asia Stocks to Track US Rebound on Profit Optimism: Markets Wrap(Bloomberg) -- Asian stocks were poised to follow their Wall Street peers higher after US shares rebounded from a $2 trillion selloff on optimism big tech...
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