LONDON: Shares gained on Wednesday as investors bet that improving economic data and more policy stimulus from Washington would sustain momentum for equities.
On Tuesday, data showed that U.S. manufacturing activity sped to a nearly two-year high in August on a surge in new orders, its highest level since November 2018. The MSCI world equity index, which tracks shares in 49 countries, rose 0.2per cent. Wall Street futures gauges pointed to gains of 0.5per cent
Yet congressional negotiations on further federal intervention remain at a standstill after the Democratic-led U.S. House of Representatives passed its US$3.4 trillion measure in May.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks edge lower after Wall Street dips in month-end tradeAsian stocks were set to weaken on Tuesday following a softer Wall Street close while the dollar slipped as markets digested new Federal Reserve ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Stocks gain on brisk factory surveys, stimulus hopesAsian shares inched up on Wednesday following buoyant manufacturing indicators from the United States and elsewhere and a rally in U.S. tech ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tech stocks fuel Wall Street rally as factory activity expandsWall Street climbed on Tuesday as gains in Apple and Zoom Video shares propelled the tech-heavy Nasdaq to record highs, while better-than-expected ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Stocks to watch: Keppel, Yangzijiang, First Reit, OUE Lippo Healthcare, Halcyon AgriTHE following companies saw new developments that may affect trading of their securities on Tuesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks open lower on strong yen[TOKYO] Tokyo stocks opened lower on Tuesday on a strong yen against the dollar, with investors digesting Prime Minister Shinzo Abe's plan to resign and the race to succeed him. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Stocks of TikTok US suitors hit by fears of China blockShares of TikTok U.S. suitors Microsoft Corp, Oracle Corp and Walmart Inc fell on Monday after China's move to restrict some technology exports ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »