(Bloomberg) Asian stocks were steady Thursday and Treasury yields held an advance after Federal Reserve minutes flagged the possibility of a debate on scaling back asset purchases. Commodities extended declines. Equities fluctuated in Japan, posted modest losses in Hong Kong and China, and rose in Australia. U.S. futures edged down after the S&P 500 pulled back for a third day. The Nasdaq 100 notched a small advance, boosted by late-day gains in tech stocks including Facebook Inc. The minutes indicated some Fed officials may be open “at some point” to discussing adjustments to the pace of massive bond purchases if the U.S. economy keeps progressing rapidly. The benchmark 10-year Treasury yield was steady after climbing to 1.67%. A dollar gauge trimmed a rally. Commodities slid amid concern about inflation, potential curbs on monetary stimulus and China’s efforts to rein in raw material prices. Volatility swept over cryptocurrencies, with Bitcoin posting a same-day plunge and ra
The Straits Times
Asian stocks look set for mixed open, US futures dip
Stocks have lost steam in recent sessions on worries about inflation and a Covid-19 resurgence in some countries.PHOTO: REUTERS
Published2 hours ago
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Stocks, Futures Weather Focus on Risk of Fed Taper: Markets Wrap
This content was published on May 20, 2021 - 04:55
May 20, 2021 - 04:55
(Bloomberg) Asian stocks were steady Thursday and Treasury yields held an advance as traders weighed Federal Reserve minutes that flagged the possibility of a debate on scaling back asset purchases. Commodities remained under pressure.
Equities edge up in Japan, posted losses in Hong Kong and China, and outperformed in Australia. U.S. futures fluctuated after the S&P 500 pulled back for a third day. The Nasdaq 100 notched a small advance, boosted by late-day gains in tech stocks including Facebook Inc. European contracts were in the green.
(Bloomberg) Asian stocks were steady Thursday and Treasury yields held an advance as traders weighed Federal Reserve minutes that flagged the possibility of a debate on scaling back asset purchases. Commodities remained under pressure. Equities edge up in Japan, posted losses in Hong Kong and China, and outperformed in Australia. U.S. futures fluctuated after the S&P 500 pulled back for a third day. The Nasdaq 100 notched a small advance, boosted by late-day gains in tech stocks including Facebook Inc. European contracts were in the green. The minutes indicated some Fed officials may be open “at some point” to discussing adjustments to the pace of massive bond purchases if the U.S. economy keeps progressing rapidly. The benchmark 10-year Treasury yield was steady after climbing to 1.67%. A dollar gauge trimmed a rally. Commodities have slid amid concern about inflation, potential curbs on monetary stimulus and China’s efforts to rein in raw material prices. Volatility swept ove
May 20 2021, 1:29 PM
May 20 2021, 3:21 AM
May 20 2021, 1:29 PM
(Bloomberg) Stocks were mixed Thursday and U.S. futures drifted as investors assessed the extent of a recent pullback prompted by inflation concerns. Oil rose.
(Bloomberg) Stocks were mixed Thursday and U.S. futures drifted as investors assessed the extent of a recent pullback prompted by inflation concerns. Oil rose.
European equities rebounded from a two-week low, boosted by financial-services and media sectors, while U.S. futures were little changed after three days of losses for the S&P 500. Shares fell in Hong Kong and China, while they outperformed in Australia.
Oil climbed from its lowest level in three weeks, with investors assessing the prospect of a boost in Iranian supply. Treasuries were steady as the dollar weakened. Cryptocurrencies stabilized after a volatile session that saw Bitcoin plunge and rally about 30% in the same day.