Page 50 - Equities News Today

KUALA LUMPUR: Malaysia's key stock index climbed in the morning session in anticipation of a pick-up in corporate results being released this week, while Beijing slashed interest rates by a larger-than-expected margin in an effort to revive economic growth.

- Relatively flat US dollar and mixed EU indices as risk sentiment remains undecided after little overnight and weekend macro news with US returning for trade today from Presidents Day.

A look at Tuesday morning’s market action

Walmart (WMT) kicks off earnings this week following the Presidents’ Day market holiday on Monday.

Global equity markets may face challenges in gaining ground early this week as the possibility of early interest rate cuts diminished in light of persistent inflationary pressures.

Amidst a backdrop of rising risk appetite in the financial markets, last week witnessed record highs across major indices worldwide, despite looming concerns over potential inflation resurgence in the US.

Wall Street starts lower as early rate cut hopes fade; Walmart perks up

Following a three-day weekend, US stock index futures opened on a bearish note but managed to erase a portion of the earlier losses.

Chinese markets return from Lunar New Year break with muted gains, while US holiday makes for thin trading

Asia market update: CN equities up on first day back amid holiday spending burst.