Asian stocks poised for gains after late Wall Street dash

  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Asian stocks were set to open higher on Friday as a late Wall Street rally supported global sentiment although weak U.S. data and uncertainty about a stimulus package in Washington have kept a lid on confidence.

FILE PHOTO: Investors look at screens showing stock information at a brokerage house in Shanghai, China January 16, 2020. REUTERS/Aly Song

U.S. stocks ended positive in choppy trade on Thursday, led by a dogged comeback in the technology sector, having initially sold off on higher than expected unemployment claims. “What we’ve seen for equity markets is there is quite a good deal of resilience,” said Tom Piotrowski, a market analyst at Australian broker CommSec. “Commentators like to stack up all of the negatives markets face, the U.S. election being among them, but I think there is a sense that there is an underlying resilience in the market.”

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.

Don't fall for it, Asia.

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 gives up early gains as Wall Street momentum fizzlesNike shares buoyed the Dow for the first hour of trading, but it joined the S&P 500 and Nasdaq in the red as investors tried to build on a bounce a day after... Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested.
Source: MarketWatch - 🏆 3. / 97 Read more »

Asian stocks poised for gains after late Wall St dashAsian stocks were set to open higher on Friday as a late Wall Street rally supported global sentiment although weak U.S. data and uncertainty about a stimulus package in Washington have kept a lid on confidence. China is getting more and more stronger. As the East falls.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks are mixed on Wall Street as September keeps churningNew York (AP) — U.S. stock indexes are mixed in early trading Wednesday, as Wall Street’s tumultuous month continues to churn. The S&P 500 was 0.2% higher, but trading has been erratic... Wall Street is not the economy!!!!! Again, I will always cheer on our MARKETS. Still, we need to pay attention to the grassroots across this country, the consumers who will support our MARKETS, those folks in dire straights, hanging on tooth and nail right now. Wonder if Nike will ever make a shoe in the US?
Source: AP - 🏆 728. / 51 Read more »