China’s Improving Market Breadth Is Good News for Stock Bulls

-- The rebound in Chinese stocks is set to extend as the gains spread to segments that have trailed the market recovery.Hims Debuts $199 Weight-Loss Shots at 85% Discount to Wegovy

Consumer technology and financial firms have contributed the most to the MSCI China gauge’s recovery from a January low, while property and materials shares have risen more than 40%. There’s growing expectations for underperforming sectors such as equipment makers, exporters, technology and property to participate in the rebound.

To be clear, geopolitical tensions with US and key trading partner Europe remain a risk for Chinese equities. A clear upward trend for earnings, which largely underwhelmed in the first quarter, is also key to sustain the recovery. Here’s a very reliable, dividend-paying Canadian bank stock you can buy at a bargain right now and hold for the long term. The post 1 of the Best Dividend-Paying Bank Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada. -- A coalition of Tesla Inc. shareholders is urging its peers to reject the $56 billion pay package for Chief Executive Officer Elon Musk that the company’s board has asked investors to approve again.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

China’s Improving Market Breadth Is Good News for Stock BullsThe rebound in Chinese stocks is set to extend as the gains spread to segments that have trailed the market recovery.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Bull market 'still very young,' driven by strong earnings: market strategistOne market strategist says earnings are continuing to power recent gains in equity markets.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Record market highs, Cisco earnings: Market Domination OvertimeOn today's episode of Market Domination Overtime, Yahoo Finance Hosts Julie Hyman and Josh Lipton reflect on the trading day and break down what to watch on ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

In the Market: Economic surprises are messing with the market's favorite recession predictorExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

In the Market: Economic surprises are messing with the market's favorite recession predictorA bond market anomaly that has reliably predicted a U.S. recession in the past may normalize this year in a highly unusual manner. The market signal, called...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

GameStop stock gains more than 60% as meme-stock market returns with a vengeanceGameStop stock stock surged again early Tuesday, adding to a 74% rise on Monday as meme stocks appear to be back in vogue.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »