Stocks, US futures gain as China Covid cases ease: markets wrap

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 77%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Asian stocks rose Wednesday amid a China rally sparked by declining Covid cases, which spurred hopes that growth-sapping lockdowns could be loosened. Treasuries were steady ahead of a US inflation report. Moneyweb Asian China

Asian stocks rose Wednesday amid a China rally sparked by declining Covid cases, which spurred hopes that growth-sapping lockdowns could be loosened. Treasuries were steady ahead of a US inflation report. Mainland Chinese bourses advanced over 1.5%, while technology stocks rallied in Hong Kong. New infections fell in Shanghai and the city reported none were detected in the community. The cases were instead found in quarantine.

A high US print “will give the Fed license to raise rates even faster” and would be very bad for technology stocks, Ellen Hazen, chief market strategist at F.L. Putnam Investment Management Co., said on Bloomberg Television. Fed outlook Fed officials reinforced Chair Jerome Powell’s message that half-point hikes are on the table in June and July.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

New to trade? you are to understand that before you earn profit you must be investing a certain amount your investment determine your earning profit, as low as $300 investment can earn you up to $970, and not $5000📛 good info makes good earning, dm her stephinieweller to trade

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 5. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Asian stocks and commodities slideRising interest rates and growth worries unnerve investors
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »