Premarket: Stocks firm, bitcoin loses some oomph as Biden steps down

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 50 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 72%
  • Publisher: 66%

Newsletter ข่าว

Marketupdate,Tsx,Stocks

Investors prepare for a packed week of corporate earnings

Global shares steadied on Monday, after President Joe Biden’s decision to bow out of the election race at the weekend injected a degree of optimism into the markets, while a surprise rate cut by China’s central bank failed to give Asian markets any pep.

Markets took the news in their stride, with S&P 500 stock futures nudging up 0.1%, while Nasdaq futures added 0.2%. “There’s been a bit of a unwinding of that ‘Trump trade’, those fears we saw last week that lifted the dollar and pressurized European stocks at least and an overall, a bit of an upbeat mood on the news,” Fiona Cincotta, senior market analyst at City Index, said.

U.S. Treasuries strengthened, pushing yields on the benchmark 10-year note down 2.2 basis points to 4.217%. Yields rose sharply last week as investors priced in the prospect that a Trump administration would likely favor big increases in spending that would further undermine the United States’ already stretched fiscal position.

“The U.S. earnings season is of course far from unimportant for the market overall and is well underway.” Investors seemed underwhelmed with the move, in part as it only emphasized how weak the economy was, and Chinese blue chips slipped 0.9% along with the yuan.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 31. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stocks and cryptos trade sideways as investors eye PCE report, Biden-Trump debateThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
แหล่ง: KitcoNewsNOW - 🏆 13. / 78 อ่านเพิ่มเติม »

Premarket: U.S. futures dip as Micron drags down chip stocks ahead of economic dataEuropean stocks steady ahead of inflation data, yen near 38-year low
แหล่ง: globeandmail - 🏆 5. / 92 อ่านเพิ่มเติม »

Premarket: Global stocks mixed after Nvidia tumbles again as AI mania coolsU.S. futures muted ahead of Tuesday trading
แหล่ง: globeandmail - 🏆 5. / 92 อ่านเพิ่มเติม »

Premarket: Global stocks cling to gains, yen on intervention watchFed’s favoured inflation index looms large this week
แหล่ง: globeandmail - 🏆 5. / 92 อ่านเพิ่มเติม »

Premarket: European stocks slip, global IT outage causes chaosUncertainty across major economies added to headwinds for investors
แหล่ง: globeandmail - 🏆 5. / 92 อ่านเพิ่มเติม »