Stock market today: Asian shares mostly higher, though China benchmarks falter

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Asian Markets,Reserve Bank Of Australia,Interest Rates

Asian markets forged higher Tuesday after another day of gains on Wall Street, although Hong Kong's benchmark faltered. U.S. futures were nearly flat and oil...

Asian markets forged higher Tuesday after another day of gains on Wall Street, although Hong Kong's benchmark faltered.Tokyo's Nikkei 225, reopening after a national holiday, jumped 1.6% to 38,835.10. Gains were led by semiconductor companies like Tokyo Electron, which closed 4.8% higher, and Advantest, which picked up 2.2%.

Taiwan's Taiex was up 0.6%, while India's Sensex gave up 0.7% as the country began the third phase of its weeks' long Traders are betting on a nearly 89% chance that the Fed will cut its main interest rate at least once before the end of the year, according to data from CME Group. That’s up from from an 81.6% probability seen a week earlier. Lower rates would help ease the pressure on the economy and financial system.

Corporate profit reports have been better than expected not just in the United States but also in Europe and Japan, according to strategists at Deutsche Bank. Global earnings growth is on track for a second straight quarter of growth following four consecutive declines. Buy TD Bank stock and another bank as they crash further into the abyss. The post Big Bank Bull Run? 2 Canadian Bank Stocks Overdue for a Rally appeared first on The Motley Fool Canada.Buying these value TSX dividend stocks today can help you lock in high dividend yields and strong returns over the long term. The post Soaring Dividends: 2 TSX Stocks Delivering Value at All-Time Highs appeared first on The Motley Fool Canada.

 

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