News Formal

Asian shares on a high ahead of earnings season

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Hopes rise for a faster return to normal on rosy signs of early recovery

A man wearing a protective face mask talks on his cellphone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan. Picture: REUTERS/ATHIT PERAWONGMETHA

Japan’s Nikkei was a shade higher while Australian shares rose 0.6% and South Korea’s Kospi added 0.5%. “The reality is that forecasts remain very uncertain ... [but] early signs show the recovery is accelerating, suggesting a faster return to ‘normal’ than many had dared to hope a few months ago,” Kelly added.

With the upcoming earnings season expected to show S&P profit growth of 24.2% from a year earlier, according to Refinitiv data, investors will be watching to see whether corporate results further confirm recent positive economic data.

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:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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 tech stocks tumble as inflation’s shadow looms largeTraders brace for US data amid worries of growing price pressures
Source: BDliveSA - 🏆 12. / 63 Read more »