Asian equities will see a choppy session on Friday, with the S&P 500 hitting a record high. Technology stocks lifted the index even as investors assessed an unexpected rise in filing new claims for unemployment benefits. On Thursday, U.S. jobless claims report showed a second straight weekly increase in the number of Americans filing for …
Asia Shares Set for Choppy Trading, S&P 500 Hits Record High Read More »
Asian shares rose to three-week highs on Wednesday, with the markets looking towards the upcoming earnings season. Investors were seeking signs of a more solid global economic recovery. Meanwhile, the dollar fell to a two-week low. MSCI’s broadest index of Asia-Pacific shares outside of Japan added 0.3%. It was its second straight day of gains, …
Asian Shares Rise to Three-week Highs, Dollar Retreats Read More »
Markets in Japan and mainland China rose on Friday after Wall Street made another record day. Most of the other global markets were closed for the Good Friday holiday. The S&P 500 index SPX, +1.18%, ended over 4,000 for the first time on Thursday. The Dow Jones Industrial Average +0.52% and the Nasdaq Composite +1.76% …
Japan, China Stocks Up; Most Markets Closed for Holiday Read More »
Asia Pacific stocks rose on Thursday morning, the start of April, on a high note. Investors were digesting economic data from China and Japan, as well as a new U.S. infrastructure plan. In Japan, Nikkei 225 advanced 0.73%. The Tankan Large Manufacturers Index was at 5 for Q1 of 2021. That was above the –15 …
Asian Stocks Up on Economic Data, U.S. Infra Plan Read More »
Asian stocks were on the defensive on Wednesday as the dollar held near a one-year high. Treasury yields started edging up again, affecting sentiment even as Chinese data showed signs of a solid global economic recovery. ANZ analysts wrote in a note that markets are watching closely. This is to gauge the damage and potential …
Asia’s stocks were mostly up Tuesday morning, as investors kept in check further damage arising from Archegos Capital Management’s collapse. However, the current pace of the U.S. economic recovery from the pandemic and the vaccine rollout revive inflation worries. To hedge potential losses, some traders demanded higher rates. Bank debts were caught up in the …
Asian shares bounced back from a three-month low on Friday’s trade. This came after a late-day rally on Wall Street. Chinese shares fell on Thursday, near to a three-month low hit earlier in the month. This week, the European Union joined Washington’s allies in imposing sanctions on officials in China’s Xinjiang region. This was over …
Australia stocks were higher on Thursday after the close. Gains in the Healthcare, Consumer Discretionary, and Utilities sectors led the shares higher. The S&P/ASX 200 gained 0.17% at the close in Sydney. The session’s best performers on the S&P/ASX 200 were Adelaide Brighton Ltd. Their stocks advanced 5.28% or 0.170 points to trade at 3.390 …
AU’s S&P/ASX 200 up 0.17%; Japan’s Nikkei 225 up 1.14% Read More »
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