S&P 500, Nasdaq Set to Open Higher Upon an Improved Outlook
Markets appear satisfied, for now, that banking concerns have eased, making room for improved risk appetite. S&P 500 and the Nasdaq 100 are expected to open higher
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Markets appear satisfied, for now, that banking concerns have eased, making room for improved risk appetite. S&P 500 and the Nasdaq 100 are expected to open higher
On the first trading day of the Year of the Rabbit in Hong Kong stocks (26th), the Hang Seng Index opened 1.55% higher at 22386.37 points, and the Hang Seng Technology Index rose 2.05% to 4662.35 points. Film and television stocks collectively opened higher, Huanxi Media rose 14.6%, IMAX China rose 6.2%, Alibaba Pictures rose nearly 6%, and Maoyan Entertainment rose 4.1%.
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining over 2.5% on Tuesday. The Dow traded up 2.09% to 30,445.81...
Provided by Dow Jones FTSE 100 to Open Higher as Traders Eye Economic Data The FTSE 100 is expected to rise at the start of trading as investors look ahead to key data on the U.K. services industry and U.S. labor market. Spreadbetting firm IG sees London's blue-chip index opening 29 points higher. The final July U.K. services purchasing managers' index survey is due at 0830 GMT and July's U.S. ADP private payrolls report is at 1215 GMT. "The latest U.S. jobs data will give an indication on how fast the U.S. labour market is progressing towards the Federal Reserve's pol...