Asian Stocks Rise Tracking US Gains; Oil Declines: Markets Wrap

-- Shares in Asia climbed after another strong performance on Wall Street, with stocks hitting fresh record highs. Oil dropped as concerns eased about Israel attacking Iranian energy facilities.The Cablebus Transformed Commutes in Mexico City’s Populous Outskirts

“I think it’s very important that we get the two components of stimulus together, the monetary stimulus and the fiscal stimulus, and we’re getting both.” said Kristina Hooper, chief global market strategist at Invesco, on Bloomberg Television. “The fiscal stimulus is going to address key areas that I think will lead to improvements that benefit the economy and markets over the medium and longer term.

China may raise 6 trillion yuan from ultra-long special government bonds over three years as part of its efforts to boost the sputtering economy, Chinese media outlet Caixin reported. Markets are also anticipating Hong Kong leader John Lee’s annual speech on Wednesday, when he is expected to make bolstering the economy a priority and lay out an agenda that includes a potential cut to a liquor tax and possible measures to strengthen the city’s status as a finance center.

Strategists are predicting S&P 500 firms will post their weakest results in the past four quarters, with just a 4.3% increase compared with a year ago, Bloomberg Intelligence data show. Meantime, corporate guidance implies a jump of about 16%. That solid outlook suggests companies could easily beat market expectations.

Marcelli maintains a “positive outlook for US equities,” reiterated her S&P 500 price target of 6,200 by June 2025, and continues to like “AI beneficiaries and quality stocks.”Fed’s Christopher Waller, Neel Kashkari speak, FridayThe euro was little changed at $1.0906The yield on 10-year Treasuries was little changed at 4.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian Stocks to Rise as Dollar Strengthens on Yen: Markets Wrap(Bloomberg) -- Asian equities were primed to gain on Thursday as a weaker yen and Beijing stimulus measures supported the region’s two largest stock...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Stocks Slip as Oil Prices Rise Amid Israel-Iran TensionsUS stocks declined Wednesday as oil prices surged on escalating tensions between Israel and Iran. Investors are awaiting Israel's response to the Iranian missile attack.
La source: SooToday - 🏆 8. / 85 Lire la suite »

Asian stocks climb after Wall Street closes its record-setting week mixedHONG KONG (AP) — Asian stocks were mostly higher on Monday, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, China and Britain...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Asian Stocks Mostly Higher as Rate Decisions LoomAsian markets saw mostly gains on Monday, fueled by recent interest rate decisions from major economies like the US, Japan, China, and Britain. Chinese stocks surged after a central bank rate cut, while the Japanese yen weakened following the Bank of Japan's decision to maintain its benchmark rate. Australia's market dipped ahead of its Reserve Bank meeting.
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Asian Stocks Under Pressure Ahead of Fed Decision: Markets Wrap(Bloomberg) -- Most Asian stocks were poised for declines early Tuesday following a mixed session on Wall Street where traders boosted bets the Federal...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »