News Formal

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

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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

Powell said it would take a while for policymakers to evaluate the current state of inflation, keeping the timing of potential interest rate cuts uncertain.

For the first two months of 2024, it was provisionally estimated that total retail sales increased by 1.4%, compared with the same period in 2023.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.

"The stock, despite this performance today, is only down like 4.5%, which makes me think that expectations are already really low," Tom Narayan from RBC Capital Markets told CNBC's"Squawk Box Asia" on April. 3.The equity starting October 2023 was initially led by mega-cap tech stocks. However, HSBC Global Research says March's performance indicates the gains may be diversifying.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 569. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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.
Källa: CNBC - 🏆 12. / 72 Läs mer »

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.
Källa: NBCDFW - 🏆 288. / 63 Läs mer »

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.
Källa: NBCPhiladelphia - 🏆 569. / 51 Läs mer »