Stocks, US futures gain as China Covid cases ease: markets wrap

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Asian stocks rose Wednesday amid a China rally sparked by declining Covid cases, which spurred hopes that growth-sapping lockdowns could be loosened. Treasuries were steady ahead of a US inflation report. Moneyweb Asian China

Asian stocks rose Wednesday amid a China rally sparked by declining Covid cases, which spurred hopes that growth-sapping lockdowns could be loosened. Treasuries were steady ahead of a US inflation report. Mainland Chinese bourses advanced over 1.5%, while technology stocks rallied in Hong Kong. New infections fell in Shanghai and the city reported none were detected in the community. The cases were instead found in quarantine.

A high US print “will give the Fed license to raise rates even faster” and would be very bad for technology stocks, Ellen Hazen, chief market strategist at F.L. Putnam Investment Management Co., said on Bloomberg Television. Fed outlook Fed officials reinforced Chair Jerome Powell’s message that half-point hikes are on the table in June and July.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

New to trade? you are to understand that before you earn profit you must be investing a certain amount your investment determine your earning profit, as low as $300 investment can earn you up to $970, and not $5000📛 good info makes good earning, dm her stephinieweller to trade

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 5. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian stocks and commodities slideRising interest rates and growth worries unnerve investors
Fuente: BDliveSA - 🏆 12. / 63 Leer más »