Contracts on the tech-heavy Nasdaq 100 rose more than 0.6 per cent following gains for Asian technology stocks earlier amid signs China is easing a regulatory crackdown. Contracts on the S&P 500 were up about 0.3 per cent. Tesla Inc. climbed more than 3 per cent in premarket trading, with tech giants including Amazon.com Inc. and Netflix Inc. also among the biggest gainers.
China's reopening “complicates the Fed's job with respect to putting a little bit of a bid under oil prices, putting a little bit of a bid under inflation globally, to aggregate demand,” said Sameer Samana, senior global market strategist for Wells Fargo Investment Institute, on Bloomberg TV. “That's going to be one of the biggest things that we'll be watching in the first half.”
Global equities have lost a fifth of their value in 2022, the largest decline since 2008 on an annual basis, and an index of global bonds has slumped 16 per cent amid sticky inflation and rising interest rates.
Ummm...Isn't today Thursday?
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
TSX recap: Index finishes down 1.14% amid weakness in energy stocks - BNN BloombergCanada's main stock index fell more than one per cent Wednesday, with broad-based losses led by the energy sector, while U.S. markets also fell by more than one per cent.
Läs mer »
U.S. stocks sink on fresh COVID threat to world economy - BNN BloombergU.S. stocks fell for a second day and Treasury yields rose, as hopes for a year-end rally faltered.
Läs mer »