Asian Bonds to Track US Rally; Stocks Look Mixed: Markets Wrap

-- Bonds tracked Treasuries higher in early Asia trading on signs of a cooling US labor market that buoyed Federal Reserve rate-cut bets. Stocks are set for a mixed open.Stock Pickers Defy Wall Street Norm to Risk It All on a Few BetsNew Zealand and Australian notes rose, along with futures for Japan’s, after US data showed job openings hit the lowest since 2021.

Oil fell for a sixth day on Wednesday as OPEC+’s plan to loosen its production curbs this year deepens the market’s bearish sentiment. Copper slid below $10,000. Bitcoin topped $70,000. Bank of America Corp. clients fled US equities for a fifth-straight week, withdrawing $5.7 billion from the asset class in the five-day period ended last Friday.

CoreWeave Inc., a closely held cloud computing provider, has offered to acquire Bitcoin miner Core Scientific Inc. for about $1 billion, a person with knowledge of the matter said.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

Asian Bonds to Track US Rally; Stocks Look Mixed: Markets WrapBonds are poised to climb in early Asia trading after Treasuries rallied on signs of a cooling US labor market that buoyed rate-cut bets. Stocks are set for a mixed open.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Stock market today: Asian shares track Wall Street's retreatShares retreated Thursday in Asia after U.S. stocks fell under the weight of higher yields in the bond market, with the Dow Jones Industrial Average giving...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares track Wall Street's slide on worries over interest ratesAsian shares retreated Friday after strong reports on the U.S. economy raised the possibility of interest rates staying painfully high.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Asian shares track Wall St's advance fueled by cooler jobs dataAsian shares were mostly higher on Monday after Wall Street ended last week with the stock market's best day in over two months in a rally backed by the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »