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Asia Stocks Poised to Rise on China Stimulus Plans: Markets Wrap

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(Bloomberg) -- Stocks in Hong Kong and China-related markets look set to gain after President Xi Jinping stepped up support for the world’s second-biggest...

-- Stocks in Hong Kong and China-related markets look set to gain after President Xi Jinping stepped up support for the world’s second-biggest economy.Xi Makes Unprecedented Central Bank Visit in Sign of Focus on Economy

Investors looking to the US earnings season for a dose of good news are hanging their hopes on big tech. The five largest companies in the S&P 500 account for about a quarter of the benchmark’s market capitalization. Their earnings were projected to jump 34% from a year earlier on average, according to analyst estimates compiled by Bloomberg Intelligence.“As these big tech stocks go, so does the overall market,” said David Trainer, chief executive officer of New Constructs.

European Central Bank interest rate decision; President Christine Lagarde holds news conference, ThursdayS&P 500 futures were little changed as of 8:17 a.m. Tokyo time. The S&P 500 rose 0.7%The Japanese yen was little changed at 149.86 per dollarInflation Raging at 130% Is Pushing Argentina Down a Radical PathS&P 500 holds steady on 200-day moving average

Kevin O'Leary says you need to have $5M in the bank to 'survive' no matter what happens — here's the math behind his number and how to hit it 'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff

 

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