Asian Stocks to Rise as US Recession Fears Fade: Markets Wrap

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 23 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Bloomberg Nachrichten

Federal Reserve

(Bloomberg) -- Equities in Asia were primed for gains Friday after robust US jobs and spending data eased recession concerns and fueled a rally in...

-- Equities in Asia were primed for gains Friday after robust US jobs and spending data eased recession concerns and fueled a rally in stocks.Share futures for Australia and Hong Kong were up around 1%, and contracts for Tokyo’s Nikkei 225 climbed almost 3%. The S&P 500 ended Thursday 1.6% higher, while the tech-heavy Nasdaq 100 rose 2.5%, as retail sales data beat estimates and jobless claims hit the lowest since early July.

As stocks rose, US government bonds fell alongside expectations for aggressive Fed easing. Swaps market pricing now has three 25 basis point cuts priced in across the Fed’s remaining 2024 meetings, down from the four expected earlier in the week. Walmart Inc. — a barometer of growth — jumped on a solid outlook. Applied Materials Inc., the largest US maker of chip-manufacturing equipment, gave a sales forecast in late US hours that met estimates.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

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

Asian Stocks to Join Global Rally, Treasuries Rise: Markets Wrap(Bloomberg) -- Asian equities were set to join a global stock rally as bets the Federal Reserve will soon start cutting rates fueled a rush into riskier...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Asian stocks track Wall Street gains after encouraging US jobs data calm jitters over the economyAsian stocks were higher Friday after U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Asian Stocks Eye Early Gains Into BOJ, Fed Week: Markets Wrap(Bloomberg) -- Asian stocks are poised to rise in early trading ahead of a week of key central bank decisions in Japan, US and UK, as well as some big tech...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Asian Stocks to Fall as Chip Selloff Gains Steam: Markets Wrap(Bloomberg) -- Asian equities were set for early declines following a selloff in technology stocks on concerns the US would impose tighter restrictions on...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Stocks rise, yen gains after BoJ move; earnings and Fed in focusThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Herkunft: KitcoNewsNOW - 🏆 13. / 78 Weiterlesen »