Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

HONG KONG — Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week before.Japan’s benchmark Nikkei 225 rose 0.3% to 37,552.16, despite the country's manufacturing activity contracting for 11 straight months while approaching the break-even point in April.

The rally was widespread, and most stocks across Wall Street rose. In the S&P 500, technology stocks led the way to bounce back from their worst week since the COVID crash of 2020. It’s a big week for earnings reports generally, with roughly 30% of the companies in the S&P 500 scheduled to say how much they made during the year’s first three months. That includes companies that have come to be known as part of the “Magnificent Seven,” beyond Tesla and Alphabet.The difference in growth between the Magnificent Seven and the rest of the S&P 500 should close by the end of the year, strategists Ohsung Kwon and Savita Subramanian said in a BofA Global Research report.

Top officials at the Federal Reserve warned last week that they may need to keep interest rates high for a while in order to ensure inflation is heading down to their 2% target. That was a big letdown for financial markets, dousing hopes that had built after the Fed signaled earlier that three interest-rate cuts may come this year.

Retirement is the period in your life when many focus on family and the things you weren't able to do while you were busy with your career. As such, you'll want to optimize your financial well-being...Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.Tesla has been the most valuable car company on earth for about 1,400 days. Its reign could come to an end.

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Stock market today: Asian stocks track Wall Street's decline as Middle East tensions escalateHONG KONG (AP) — Asia stocks pulled back on Monday as worries about potentially escalating tensions in the Middle East rattled financial markets, pushing...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Asian shares trading mixed after Wall Street’s momentum coolsTOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan's benchmark Nikkei 225...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishTOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Asian shares trade mixed after Wall Street closes near record finishTOKYO (AP) — Asian shares were trading mixed on Monday, as investors awaited further indications the Federal Reserve might begin cutting interest rates...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Asian shares gain despite Wall Street's tech-led retreatAsian shares advanced on Thursday even after sinking technology stocks sent Wall Street lower in the S&P 500's worse losing streak since the start of the...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market today: Stock futures pop as Wall Street looks to continue record-setting runA bullish mood is prevailing on Wall Street.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »