Stocks push higher as investors track China, US data | The Malaysian Insight

Oil prices fall further on Tuesday, with tensions over the political situation in Russia and its potential impact on supply outweighed by concerns that further interest rate hikes could depress demand. – EPA pic, June 28, 2023.

GLOBAL stocks advanced yesterday as China’s growth reassurances and solid economic data in the United States helped reduce recession worries. After Monday’s pullback in New York, Wall Street stocks won solid gains following a series of surprisingly upbeat updates on the world’s biggest economy. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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Focus likely on plantation, telecoms and utilities stocksHowever, traders on Bursa will be keeping an eye on global recession numbers as well as state of the economy in China and Japan.
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