China property stocks dropped following a briefing by the country's housing ministry, while the broader CSI 300 was up along with most other Asia-Pacific markets.
Australia's labor participation rate slightly increased to 67.2% in September, up 0.1 percentage points from August as well as forecasts.is set to report earnings later Thursday. TSMC's results will be in focus after poor sales forecasts from Dutch semiconductor equipment maker ASMLChina property stocks drop 5% after housing ministry briefing
The rise fell far short of the growth rate of 9.3% forecast by economists polled by Reuters as well as the 10.7% growth in August.September exports fell 1.7% compared to the same period last year, surprising economists polled by Reuters who expected growth of 0.5% growth rate. It's the first time that exports contracted this year and was down sharply from a revised growth rate of 5.5% in August.
CNBC Pro screened more than 85,000 equities worldwide for stocks that had risen by 100% in 2024, researched by at least five or more analysts, and a median price target pointing to more than 100% upside potential. Barclays has named a raft of global stocks for investors to consider buying before the end of the year, naming"conviction stock ideas with catalysts."With the third-quarter earnings season fully underway, analysts have finally begun lowering the bar for their expectations, according to Strategas.