Asian stocks set to rise after Wall Street tech-driven rally | Malay Mail

Markets had opened lower after data showed an unexpected rise of more than 1 million in new US claims for unemployment assistance, which reinforced the Fed’s warning on Wednesday about the slackening of the labor market as coronavirus cases rise. — Reuters pic

But gains in Apple Inc, Amazon.com Inc and Microsoft Corp underpinned a rally in Wall Street’s three main indexes as investors bet the tech giants would ride out the economic crisis. That pessimism was reinforced in early trading yesterday as new US jobless claims data came in well above the forecast of economists polled by Reuters that expected 925,000 new applications in the latest week.

On Wall Street, the Dow Jones Industrial Average rose 0.17 per cent, the S&P 500 rose 0.32 per cent, and the Nasdaq Composite gained 1.06 per cent.Spot gold added 0.8 per cent to US$1,945.61 an ounce. US gold futures settled down 1.2 per cent to US$1,946.50 an ounce.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Asian stocks slump, gold jumps after dovish Fed | Malay MailTOKYO, Aug 20 — Asian equities and US futures fell on Thursday, hurt by the US Federal Reserve’s cautious view of the economy, tensions with China and new clusters of coronavirus infections. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 1.79 per cent, the biggest daily...
แหล่ง: malaymail - 🏆 1. / 86 อ่านเพิ่มเติม »

Fear fading on Wall Street as investors learn to love the new bull marketNEW YORK: Fear is ebbing on Wall Street, with stocks on a bull run in the midst of the global coronavirus pandemic. The CBOE Volatility Index, known a...
แหล่ง: theSundaily - 🏆 25. / 51 อ่านเพิ่มเติม »