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Japan Leads Asian Stocks Higher, China PMI Holds: Markets Wrap

(Bloomberg) — Asian shares advanced Tuesday, led by Japanese equities and as the latest data from China underscored the recovery in the world’s second-biggest economy. Gauges rose in Japan and Hong Kong, while Chinese onshore stocks fluctuated as investors assessed the strength of the economic rebound after data showed China’s factory activity expanded for a…
United States Hong Kong Rina Oshimo Michael Reynolds Solita Marcelli Austan Goolsbee

Stock Futures Steady, Dollar Gains Before Fed Meet: Markets Wrap

(Bloomberg) — European and US equity futures were steady, while the dollar rose against its major peers amid speculation the Federal Reserve may take a more hawkish tone when announcing its policy decision on Wednesday. Contracts for the Euro Stoxx 50 were little changed, while S&P 500 futures were slightly down after the underlying gauge…
United States Hong Kong New Zealand City Of United Kingdom Noel Quinn

Stocks Slip Before Powell Speech; M&S Rallies: Markets Wrap

(Bloomberg) -- Stocks edged lower as investors awaited clues on the path of interest rates from a raft of central bank officials including Federal Reserve Chair Jerome Powell. Europe’s Stoxx 600 fell 0.1% and US equity futures traded little changed. The 10-year Treasury yields climbed by three basis points to 4.6%. West Texas Intermediate held at $77, near a three-year low. Marks & Spencer Group Plc soared 10% after profit surged and it reinstated a dividend. Traders are trying to gauge how ha...
City Of United Kingdom United States United Arab Emirates New York Europe Stoxx

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Chip Startup Rides AI Frenzy to Become Top-Gaining Topix Stock

(Bloomberg) -- Shares of a small Japanese chip design firm have quintupled since it listed in October, supercharged by expectations of a boom in silicon demand driven by artificial intelligence.Most Read from BloombergSilence Cloaks Kremlin After Russian Mutiny Against PutinPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineThe Wagner Mutiny Foreshadows a Russian DefeatRussia Latest: Kremlin Says It Gave Prigozhin Deal t
Tim Morse Bloomberg Businessweek Rina Oshimo Richard Aston Nvidia Corp Socionext Inc
Source: yahoo.com

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