Premarket: World stocks cruise to best week since August, China in focus

Global stock markets cruised towards their best week since August on Friday, with sentiment in global markets underpinned by Donald Trump’s decisive U.S. election victory, while China unveiled measures to support its flagging economy.

The modest moves masked what has been a generally strong week in stock markets, led by Wall Street shares, as Trump’s election win stoked expectations of lighter regulation and tax cuts that could further boost the U.S. economy. Optimism over stimulus measures from China, especially as Trump’s win raises the prospect of sharp tariff hikes, has buoyed Chinese stocks.

Ten-year bond yields were last down almost 5 basis points on the day at 4.29%, having reversed sharp rises seen following the U.S. election result.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

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

Premarket: Traders await U.S. inflation test, China revives stocks rallyU.S. futures sit lower ahead of key economic release
Herkunft: globebusiness - 🏆 31. / 66 Weiterlesen »

Premarket: Stocks trade sideways awaiting China stimulus movesInvestors hope to receive clarity on Saturday
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Premarket: Global stocks up after China shares rally, gold at all-time highOil prices are headed for their biggest weekly loss in more than a month
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Premarket: Tepid start to week for world stocks, but gold, bitcoin shineTrump trades continue to gain momentum
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Stock market today: World stocks gain as China releases plan to finance share buybacksBANGKOK (AP) — World shares have mostly gained after China’s central bank released plans for supporting the stock market through share repurchases by...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Premarket: U.S. futures rise as chip stocks rally after TSMC results; economic data in focusEuropean stocks gain, euro weak ahead of ECB, ‘Trump trade’ lifts U.S. dollar
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »