Page 49 - Equities News Today

KUALA LUMPUR: The benchmark FBM KLCI was subdued on Thursday as investors awaited the release of corporate earnings even as key regional markets surged on a rally in technology stocks.

Major equity indexes in the US remain on track to open in positive territory following Wednesday's indecisive action.

A look at Thursday morning’s market action

TSX gets a tech boost

The S&P 500 surged to an all-time high on Thursday following Nvidia's much stronger-than-expected quarterly results, which buoyed the broader tech sector.

KUALA LUMPUR: Weaker sentiment on global stock markets and caution ahead of the release of the minutes of the US Federal Reserve's most recent monetary policy meeting are likely to keep the local FBM KLCI from rising further.

A look at Wednesday morning’s market action

KUALA LUMPUR: Bursa Malaysia succumbed to profit-taking as investor sentiment in global markets ebbed amid diminished expectations the Federal Reserve will cut interest rates by the first half of the year.

Nvidia results due after the close of trading in North America

S&P 500 futures fall 0.35%, Dow Jones futures drop 0.24%, and Nasdaq futures lose 0.64% ahead of the opening bell on Wednesday.