-- Most Asian stock markets were set to advance Friday on fresh signs of slowing US inflation that sent bond yields tumbling and sparked a rotation out of big tech stocks on Wall Street.Equity futures for Australia and Hong Kong rose, while contracts for Japan fell 1.7% after the yen’s rapid appreciation against the dollar prompted reports that authorities had stepped in to support the currency.
Small-cap stocks were among the day’s primary beneficiaries. The Russell 2000 of smaller firms beat the Nasdaq 100 by 5.8 percentage points — the most since November 2020. Neuberger Berman Group’s Steve Eisman expects the outsized strength in US megacap technology shares will “last for years,” as artificial intelligence becomes more accessible to consumers via electronic devices.
These two Canadian banks are climbing, but still have so much more room to run. And with the highest dividend yields around, it's time to buy! The post Prediction: These 2 Canadian Bank Stocks Are Next in Line to Pop appeared first on The Motley Fool Canada.If you’re planning to get a Costco membership, or looking to renew, you should do so before Sept. 1, as the wholesale retailer is increasing fees for its most basic and executive membership cards.
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