Business Maverick: US futures up on earnings, while Asia stocks dip pre-Fed: Markets wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 84%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

US equity futures rallied on Wednesday after resilient earnings from Google parent Alphabet and an upbeat outlook from Microsoft helped alleviate some of the wider caution in markets.

Contracts on the tech-heavy Nasdaq 100 added over 1%, while S&P 500 futures were up more than 0.5%. Microsoft jumped in extended trading on a strong sales forecast, while Alphabet’sStill, the mood remains edgy ahead of a much-anticipated Federal Reserve interest-rate increase – part of a global wave of monetary tightening to quell inflation that’s stoking concerns about a worldwide economic slowdown.

Treasury yields were little changed as traders brace for a widely telegraphed 75 basis-point Fed hike later on Wednesday. The dollar dipped, oil was around $95 a barrel and Bitcoin peeked above $21,000. The key question is whether chair Jerome Powell’s policy signals validate or refute scaled-back bets projecting a 3.4% peak fed funds rate around year-end and cuts in 2023 to shore up an economy at risk of recession.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

I am super excited right now, I can now pay my bills and take good care of my family.. Thank you for bringing happiness to my home with just R10,000 i got R100,000 in 7days James_Alderson8

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인