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Stocks Steady on Growth Optimism; Dollar Ticks Up: Markets Wrap
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Asia Stocks Open Steady on Growth Optimism: Markets Wrap
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U.S. Equity Futures Rise With Stocks Near Records: Markets Wrap
Bloomberg 18 mins ago Emily Barrett
(Bloomberg) Global stocks traded around record levels Friday after a Wall Street rally on Federal Reserve Chairman Jerome Powell’s assurance that the central bank can reinvigorate the economy without stoking painful inflation.
A gauge of Asia-Pacific shares edged up, with Japan rising but Hong Kong and China slipping. Data showed the fastest Chinese producer price inflation since 2018. U.S. equity contracts climbed after the S&P 500 notched an all-time high amid low volumes on U.S. exchanges. Nasdaq 100 futures led gains after the index rose 1% overnight, aided by Apple Inc. and Tesla Inc.
U.S. Futures Fluctuate as Treasury Yields Rise: Markets Wrap
This content was published on April 9, 2021 - 11:14
April 9, 2021 - 11:14
(Bloomberg) U.S. equity-index futures struggled for direction on Friday as investors weighed prospects for economic growth against lingering inflation concerns. Treasury yields rose and the dollar gained.
S&P 500 futures fluctuated, while contracts on the Nasdaq 100 edged lower as factory-price data from China spurred new concerns over global inflation despite Federal Reserve Chair Jerome Powell’s promise of a U.S. recovery without surging prices. American producer-price data later Friday may provide further clues on the outlook.
The Stoxx Europe 600 index edged higher, on course for a sixth straight week of gains, the longest run since November 2019. Bond yields across the euro region rose. Italy’s 10-year yield jumped the most since February after Bloomberg reported Prime Minister Mario Draghi is bringing forward plans for as much as 40 b
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