-- Stocks in Asia are set to advance as traders weighed prospects for Federal Reserve rate cuts after Jerome Powell cited signals the US is back on a disinflationary path.Trump Immunity Ruling Means Any Trial Before Election Unlikely
“Our suspicion is that 2024’s economy will end up being strong enough to justify a strong move in the S&P 500 for the year as a whole,” Calvasina said. On the economic front, data Tuesday showed job openings unexpectedly rose, interrupting a trend that underscored a slowdown in labor seen as key for Fed easing.
And that’s all ahead of the all-important US payrolls reading due Friday. Economists expect the report to show employers added about 190,000 payrolls in June and the unemployment rate held at 4%.
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Asian Stocks Rise After Another S&P 500 Record: Markets Wrap(Bloomberg) -- Asian equities opened higher on Wednesday after a surge in chipmakers drove US stocks to yet another record-breaking session on Wall Street...
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Asia Stocks to Rise as S&P 500 Closes Above 5,500: Markets WrapStocks in Asia are set to follow a record-breaking rally on Wall Street as traders weighed prospects for Federal Reserve rate cuts after Jerome Powell cited signals the US is back on a disinflationary path.
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Bonds Rise on Treasury Sale; Asian Stocks to Fall: Markets Wrap(Bloomberg) -- Bonds climbed after a solid $39 billion Treasury sale reflected speculation that Wednesday’s inflation reading will help make the case for the...
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Bonds Rise on Treasury Sale; Asian Stocks to Fall: Markets WrapBonds climbed after a solid $39 billion Treasury sale triggered speculation that Wednesday’s inflation reading will help make the case for the Federal Reserve to cut rates this year. Asian stocks look set to shrug off the positive US session and track lower.
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Stock market today: Asian stocks rise after Wall Street barrels to recordsHONG KONG (AP) — Asian markets rose Thursday after Wall Street barreled to records Wednesday as the frenzy around artificial-intelligence technology keeps...
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Asian Stocks Rise After US Peers Hit Fresh Record: Markets Wrap(Bloomberg) -- Asian equity markets rose, after the world’s largest technology companies helped send US shares to a fresh all-time high.Most Read from...
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