MARKET WRAP: JSE firms as US economic data lifts sentiment

The JSE tracked firmer US and European markets on Wednesday as investors cheered better-than-expected economic data in the US, helping to ease fear that recession is inevitable.

Global stocks gained, with the JSE all share rising more than 1% in intraday trade after the US Institute of Supply Management nonmanufacturing purchasing managers index showed a surprise rebound...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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.

MARKET WRAP: JSE tracks global peers as Pelosi’s visit to Taiwan angers ChinaThe JSE tracked weaker global markets as US House speaker Nancy Pelosi’s visit to Taiwan stoked anger in China
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: JSE benefits from market volatilityBusiness Day TV speaks to JSE CEO Leila Fourie
Source: BDliveSA - 🏆 12. / 63 Read more »

Business Maverick: Stocks drop as US-China tension stirs haven demand: markets wrapStocks in Asia retreated on Tuesday amid escalating US-China tension over Taiwan and deepening worries about a global economic slowdown, risks that are supporting demand for Treasuries as a haven.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Stocks stabilise as traders weigh US-China tension: markets wrapStocks stabilised in Asia on Wednesday, helped by a climb in Hong Kong, as some of the investor anxiety over fraught US-China ties eased. Treasuries pared a slide sparked by hawkish Federal Reserve comments.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Tech Fuels Stock Surge as Earnings Buoy Sentiment: Markets WrapUS stocks rose as corporate earnings continued to roll in and economic data came in better than expected. Treasuries declined after hawkish comments from Federal Reserve officials made it apparent that a policy pivot is unlikely.
Source: dailymaverick - 🏆 3. / 84 Read more »

SA market slow to take shine to Aussie new kid Southern Palladium | Fin24Southern Palladium, an Australian public company which began trading on both the Australian Stock Exchange and the JSE in June, is noteworthy in many ways.
Source: Fin24 - 🏆 21. / 63 Read more »