Asia Stocks Poised to Rise on China Stimulus Plans: Markets Wrap

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

United States News News

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

(Bloomberg) -- Stocks in Hong Kong and China-related markets look set to gain after President Xi Jinping stepped up support for the world’s second-biggest...

-- Stocks in Hong Kong and China-related markets look set to gain after President Xi Jinping stepped up support for the world’s second-biggest economy.Xi Makes Unprecedented Central Bank Visit in Sign of Focus on Economy

Investors looking to the US earnings season for a dose of good news are hanging their hopes on big tech. The five largest companies in the S&P 500 account for about a quarter of the benchmark’s market capitalization. Their earnings were projected to jump 34% from a year earlier on average, according to analyst estimates compiled by Bloomberg Intelligence.“As these big tech stocks go, so does the overall market,” said David Trainer, chief executive officer of New Constructs.

European Central Bank interest rate decision; President Christine Lagarde holds news conference, ThursdayS&P 500 futures were little changed as of 8:17 a.m. Tokyo time. The S&P 500 rose 0.7%The Japanese yen was little changed at 149.86 per dollarInflation Raging at 130% Is Pushing Argentina Down a Radical PathS&P 500 holds steady on 200-day moving average

Kevin O'Leary says you need to have $5M in the bank to 'survive' no matter what happens — here's the math behind his number and how to hit it 'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff

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:

 /  🏆 47. 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.

Asia Stocks to Catch Breath After Wild Bond Moves: Markets Wrap(Bloomberg) -- Asian stocks are set for mild gains following wild swings in Treasuries overnight and the lowest S&P 500 close since May. Oil edged higher...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asia Stocks to Catch Breath After Wild Bond Moves: Markets WrapAsian stocks are set for a cautious opening after the S&P 500 edged down to its lowest close since May, with trading dominated by bond market swings. Oil edged higher after sinking Monday as the next stages of the Israel-Hamas war remain clouded.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Battered Philippine Stocks Near Cheapest Versus Asia in 13 YearsPhilippine stocks are trading near their cheapest level versus Asian peers in 13 years amid an ongoing exodus of foreign investors from the Southeast Asian nation.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Toronto stocks slip as commodity stocks drag, rising yield weighMarket News
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »