Asian Stocks Rebound From Worst Rout Since 2008, Led by Japan

-- Asian equities rose, helped by bargain hunting after concerns over a hard landing in the US drove a regional benchmark to its worst single-day drop since 2008.The MSCI Asia Pacific Index jumped as much as 3.9%, heading for its best day since November 2022, following a rout of more than 6% on Monday. Japan led the rebound as the yen eased following steep gains against the dollar that drove the nation’s stocks into a bear market.

In addition to Japan, stocks bounced back Tuesday in technology-heavy South Korea and Taiwan. US equity futures also advanced, with sentiment boosted in part by a rise in the US July service purchasing managers’ index that helped allay some worry on the world’s largest economy.LOS ANGELES — Freddie Freeman returned to the Los Angeles Dodgers’ lineup on Monday night after missing eight games to be with his ailing 3-year-old son who is out of danger after a serious medical diagnosis.

Three people were taken into custody near Salem, South Carolina, after a man pointed a gun at an animal control officer, a deputy and a veterinarian, according to the Oconee County Sheriff's Office.Blinken says US is working 'around the clock' to prevent escalation in Middle East

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 Advance After Wall Street’s Rebound: Markets Wrap(Bloomberg) -- Stocks in Asia followed a rebound on Wall Street as investors looked beyond Joe Biden ending his reelection campaign to focus on the start of ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

French stocks rebound despite hung parliamentFrench stocks, as tracked by the CAC 40 index (^FCHI), are showing signs of recovery following the country's recent parliamentary elections. The second round...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks rebound, housing market tips: Market Domination OvertimeIn today's episode of Market Domination Overtime, hosts Josh Lipton and Julie Hyman dive into the most prominent dynamics leading stocks and the US housing...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Japan Stocks Poised for Rebound; US Futures Rise: Markets Wrap(Bloomberg) -- Japan equities are set to regain some ground after suffering the biggest hit in Monday’s global rout, which wiped out billions across markets ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks look to rebound during quieter week for economic data: What to know this weekA quiet economic data week greets a slumping stock market as investors are increasingly concerned about the impact of high interest rates on the US economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Premarket: Stocks rebound after brutal selloff as traders await U.S, price dataMarkets stabilize after a week in which global equities have tumbled almost 2 per cent
Source: globeandmail - 🏆 5. / 92 Read more »