Asia Stocks Edge Higher Tracking U.S.; Yields Fall: Markets Wrap
Bloomberg 22 mins ago Emily Barrett
(Bloomberg) Most Asian stocks climbed in early trade following gains in U.S. equities and bonds, as investors shrugged off a higher-than-forecast rise in U.S. inflation to focus on the path of the global recovery.
Hong Kong’s benchmark rose and tech stocks lifted China, but shares dipped in Japan amid concerns a slow vaccine rollout will crimp activity. U.S. equity futures were steady following another all-time high for the S&P 500 and Nasdaq 100 indexes, as the White House said the U.S. inoculation campaign remains on track despite a pause in Johnson & Johnson doses amid health concerns.
Stocks Rise, U.S. Futures Steady Before Earnings: Markets Wrap
Bloomberg 8 mins ago Emily Barrett and Namitha Jagadeesh
(Bloomberg) Stocks rose and U.S. futures were steady as traders turned their attention to earnings reports from companies including JPMorgan Chase & Co. and Goldman Sachs Group Inc.
European equities edged higher on mixed results, with LVMH climbing on better-than-forecast revenue, while Barclays Plc and Tesco Plc slipped. Some of the biggest U.S. banks are due to announce later on Wednesday. Most Asian stocks climbed, although shares dipped in Japan amid concerns about the slow vaccine rollout.
Treasuries held most of Tuesday’s advance after a successful sale of 30-year bonds. The U.S. dollar added to the prior session’s losses, while oil traded above $60 a barrel.
(Bloomberg) Stocks rose and U.S. futures were steady as traders turned their attention to earnings reports from companies including JPMorgan Chase & Co. and Goldman Sachs Group Inc. European equities edged higher on mixed results, with LVMH climbing on better-than-forecast revenue, while Barclays Plc and Tesco Plc slipped. Some of the biggest U.S. banks are due to announce later on Wednesday. Most Asian stocks climbed, although shares dipped in Japan amid concerns about the slow vaccine rollout. Treasuries held most of Tuesday’s advance after a successful sale of 30-year bonds. The U.S. dollar added to the prior session’s losses, while oil traded above $60 a barrel. With global stocks hovering near all-time highs, investors are looking to the earnings season for further catalysts. Expectations of a strong profit rebound have helped markets rally, setting the bar high as reporting kicks off. More broadly, investors are monitoring vaccine developments for any threats to the economi
Asia Stocks Rise Tracking U.S. Rally; Dollar Slips: Markets Wrap
This content was published on April 14, 2021 - 03:34
April 14, 2021 - 03:34
(Bloomberg) Most Asian stocks climbed Wednesday following gains in U.S. equities and bonds, as investors shrugged off a higher-than-forecast rise in U.S. inflation to focus on the path of the global recovery.
Hong Kong’s benchmark rose and tech stocks lifted China, but shares dipped in Japan amid concerns a slow vaccine rollout will crimp activity. U.S. equity futures were steady following all-time highs for the S&P 500 and Nasdaq 100 indexes, as the White House said the U.S. inoculation campaign remains on track despite a pause in Johnson & Johnson doses amid health concerns.
Apr 14 2021, 11:52 AM
April 14 2021, 3:47 AM
April 14 2021, 11:52 AM
(Bloomberg) Most Asian stocks rose Wednesday following gains in U.S. equities and bonds, as investors shrugged off a higher-than-forecast rise in U.S. inflation to focus on upcoming earnings and the global recovery.
(Bloomberg) Most Asian stocks rose Wednesday following gains in U.S. equities and bonds, as investors shrugged off a higher-than-forecast rise in U.S. inflation to focus on upcoming earnings and the global recovery.
Hong Kongâs benchmark outperformed and tech stocks lifted China, but shares dipped in Japan amid concerns about the slow vaccine rollout. A gauge of global stocks climbed toward record levels.