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The Nasdaq 100 index pulled back ahead of Friday’s nonfarm payrolls data, as fears about Fed tapering geared up. The Hang Seng Index faces a headwind of re-escalating US-China tension.
S & P 500 , ASX 200 , ASIA-PACIFIC MARKET OUTLOOK:
-- this post authored by Emily Green The COVID-19 pandemic hit meat processing facilities in the United States suddenly and dramatically. Between April 9 and April 27, more than 4,900 COVID-19 cases were reported among 115 different meat and poultry processing facilities. Rising cases and contamination fears led major processors, such as Smithfield, Va.-based Smithfield Foods, to shut down plants in April. During this period, large retailers like Kroger and Costco implemented meat rationing. These developments prompted President Donald Trump to invoke the Defense Production Act on April 28, c...
A sour lead from Wall Street may set a downbeat tone for Asia-Pacific markets on Monday against the backdrop of a strengthening US Dollar. Investors are anticipating a strong Chinese Q4 GDP figure ...
S&P 500, ASX 200 Weekly Outlook: Rising Treasury Yields Flag Risk Ahead S&P 500, ASX 200, ASIA-PACIFIC MARKET OUTLOOK: Rising US Treasury yields may exert downward pressure on stocks, EM currencies and metals Major US equity indices closed at all-time highs despite a weaker nonfarm payrolls report The ASX 200 index opened lower, dragged by falling metal prices Nonfarm payrolls, Pandemic, Yields, Asia-Pacific Stocks Weekly Outlook: Asia-Pacific markets kicked off the week with a mixed tone after major US indices finished at record highs last week. The impact of rising US Treasury yields ripple...