Asia stocks poised to gain as investors assess Powell's comments; Hong Kong, China and Taiwan markets closed

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Hong Kong, China and Taiwan markets are closed for a public holiday, while investors will assess March PMI numbers from India.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyPowell said it would take a while for policymakers to evaluate the current state of inflation, keeping the timing of potential interest rate cuts uncertain.

A Tesla short-seller has named two auto stocks that he believes have the potential to deliver 100% upside to investors.The hedge fund manager said that the"Tesla bubble" had created what he called an"anti-bubble" in the auto sector, causing investors to be overly bearish on companies that are actually performing well.

One global autos analyst, however, sees opportunities in investing in Tesla, particularly in the longer term. "Over the past month, the S&P on an equal weighted basis outperformed the overall index, suggesting a broadening of the equity rally, which we expect to widen further as a soft landing materializes," strategist Nicole Inui wrote in a Tuesday note.

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:

 /  🏆 545. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Stocks in China and Hong Kong Sell Off $4.8 Trillion in Market CapitalizationStocks in China and Hong Kong have sold off a massive $4.8 trillion in market capitalization since 2021, surpassing the value of the Indian stock market. Despite a subdued global IPO market, Indian stock exchanges have had the most IPOs in 2023.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks in China and Hong Kong Lose $4.8 Trillion in Market CapitalizationStocks in China and Hong Kong have lost a massive $4.8 trillion in market capitalization since 2021, surpassing the value of the Indian stock market. Meanwhile, the National Stock Exchange of India has grown and become the fourth largest in the world.
Source: NBCDFW - 🏆 288. / 63 Read more »

Stocks in China and Hong Kong Sold Off $4.8 Trillion in Market CapitalizationStocks in China and Hong Kong have experienced a significant decline in market capitalization since 2021, surpassing the value of the Indian stock market. Meanwhile, the National Stock Exchange of India has been growing steadily, becoming the fourth largest in the world.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »