Asian stocks set to rise on Big Tech surge, dollar slides

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Asian equities were set to rise on Friday after shares of Apple , Amazon and Facebook surged in extended trading on Thursday, with Alphabet also climbing, while the U.S. dollar continued to slide.

FILE PHOTO: A security guard wearing a face mask walks past the Bund Financial Bull statue, following an outbreak of the novel coronavirus disease , on The Bund in Shanghai, China March 18, 2020. REUTERS/Aly Song/File Photo

“All of them punched the lights out with respect to their earnings numbers,” said National Australia Bank strategist Ray Attrill. “It looks like it should be a pretty risk positive run into the weekend,” Attrill said, also pointing to E-mini futures for the S&P 500 EScv1, which rose 0.58%. Analysts are expecting industrial production data from Japan on Friday, along with China’s Purchasing Managers Index, a measure of factory activity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And with a probable attempt at a presidential coup except it to fall further.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market live updates: Stocks rise, Kodak rockets higher, Big Tech hearings and Fed aheadShares of Tesla jumped after Morgan Stanley raised its base case target on the stock to $1,050 and its bull case forecast to $2,500. $TSLA Follow along with the latest stock market updates here: lol lol lo GO Nice. I am curious to see where WKHS will end up this year. Especially if they can get the USPS contract. 🤣 can’t make this stuff up
Source: CNBC - 🏆 12. / 72 Read more »

Stock futures rise slightly after Fed rate decision, Big Tech earnings loomFutures rose following a session in which the major averages posted solid gains as the Fed pledged to maintain stimulative measures. Is anyone going to tell the financial press that a stimulus deal is not going to happen this week?
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow slips 350, record GDP contraction, Big Tech earnings on deckStocks moved lower out of the gate today as investors digested the 32.9% drop in GDP during the second quarter. Follow along with the latest stock market updates here: 32.9% annualized. But anything to get Senile Joe elected right Meant, back at the ranch, Trump musing about delaying the election to stay in office longer. Covid raging GDP down 33% Race relations at its worst Unemployment at it’s highest Trump is insane. Holy shit. The GDP fell by 32.9% in the 2nd quarter. That is another record set by Trump. Trump is going to collapse the entire economy. Other countries didn't fall that far. But we have Trump.
Source: CNBC - 🏆 12. / 72 Read more »

US stocks rise ahead of Fed meeting, Big Tech testimony | Markets InsiderUS stocks rose Wednesday ahead of a key Federal Reserve policy meeting and congressional testimony from big tech companies including Facebook an... Yes, that does happen when Congress and the Fed choose to guarantee asset prices. ETFs are always going to rise over long time horizons! Stop reading this and start increasing your financial literacy instead.
Source: BusinessInsider - 🏆 729. / 51 Read more »