Asian Stocks Advance After Wall Street’s Rebound: Markets Wrap

-- 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 the tech earnings season.The Money Mess Biden Is Leaving for Fellow Democrats: QuickTake

Almost two-thirds of respondents to Bloomberg’s Markets Live Pulse survey expect earnings to reinvigorate the US benchmark. A gauge of the “Magnificent Seven” climbed about 2.5%, led by gains in Tesla and Nvidia Corp. The Nasdaq Golden Dragon China Index, a gauge of US-listed Chinese shares, advanced 2.8%.

Elsewhere in Asia, India’s Finance Minister Nirmala Sitharaman will present the budget Tuesday, laying out economic priorities of a new coalition government under Prime Minister Narendra Modi. “We see pullbacks as an opportunity to lean into stocks,” a team led by Wei Li wrote. “Looking through near-term noise” of the small-cap rally, big tech is likely to keep driving returns as companies carry positive earnings results for the market, the strategists said.

-- Trans Mountain Corp. plans to borrow in the bond market to refinance some of its outstanding debt ahead of the Canadian government’s eventual sale of the oil pipeline operator, according to people familiar with the matter.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market today: Asian shares advance after Nvidia's rebound offsets weakness on Wall StBANGKOK (AP) — Asian shares are mixed after a rebound for Nvidia offset weakness on Wall Street.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Asian Stocks Set to Track Wall Street’s Tech Rally: Markets Wrap(Bloomberg) -- Asian equities were primed for an early advance after a rally in the world’s largest tech stocks lifted US and global shares to new highs...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportHONG KONG (AP) — Asian stocks were mixed Friday, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Asian shares advance ahead of U.S. inflation reportTOKYO (AP) — Asian shares gained Friday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Chinese Stocks to Resume Advance for Annual Gains, Survey SaysA sustainable rebound has repeatedly eluded Chinese equities in recent years, but optimists aren’t ready to throw in the towel yet.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

Markets today: European stocks advance with elections in focusEuropean stocks rose as key elections held centre stage and investors grew more optimistic about U.S. Federal Reserve interest-rate cuts following U.S. economic data that supported the case for easing.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »