Tech giants call time on stocks rally, U.S. payrolls loom

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 86%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

A global stock rally, powered by hopes of central banks ending aggressive rate rises, ran into roadblocks following weak earnings from U.S. tech giants and as key U.S. jobs data loomed. | Reuters

In Europe, the Stoxx 600 share benchmark fell 0.6 percent. Germany’s benchmark 10-year bond yield inched 2 basis points higher to 2.097 percent, having on Thursday dropped by the most since 2011 as the price of the debt rallied.

The mood turned much more cautious on Thursday, however, as U.S. tech shares took a beating in U.S. after-hours trading. “If we are seeing an easing of net job creation that would allow the Fed to just do one more rate hike of 25 basis points and that would be the end of the cycle,” said Willem Sels, global chief investment officer at HSBC’s private bank.“We will see headwinds from further earnings downgrades, but we have incorporated quite a lot [of this] already so I think markets can hold here if we are indeed right on the Fed.

Alan Ruskin, macro strategist at Deutsche Bank, said that given the current market price action ahead of the U.S. payrolls data, a softer report would be regarded as endorsing all the favourite trades of the year. In currency markets, the euro extended losses to $1.0888, pulling further away from Thursday’s 10-month top of $1.1033.

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

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Meta mojo is back as earnings surprise powers Big Tech rallyMeta Platforms Inc shares closed about 23 percent higher and helped spark a rally in the technology sector after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion. | Reuters
출처: inquirerdotnet - 🏆 3. / 86 더 많은 것을 읽으십시오 »

Asian stocks pull back, dollar regains footing ahead of U.S. payrolls dataAsian shares turned lower and the dollar regained some of its footing, as disappointing earnings from U.S. tech giants undermined sentiment ahead of a key U.S. non-farm payrolls report. | Reuters
출처: inquirerdotnet - 🏆 3. / 86 더 많은 것을 읽으십시오 »