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Will the Upward Momentum Continue for FAANG Stocks dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Nasdaq 100 Aims For All-Time Highs, Will Hang Seng and ASX 200 Follow? NASDAQ 100, HANG SENG, ASX 200 INDEX OUTLOOK: Powell reiterated his dovish stance and calmed market’s inflation fear in an IMF seminar. The US Dollar fell alongside 10-year yields, buoying the technology sector ASX 200 opened lower while the Hang Seng may extend higher amid tech rebound Powell Speech, Yields, US Data, Tech Rebound, Asia-Pacific at Open: The Nasdaq 100 index approached its all-time highs as Fed Chair Jerome Powell reiterated his dovish stance in an IFM seminar. Powell said upward pressure on prices will likely be “temporary” and the central bank would react if inflation expectations move “persistently and materially above levels” they are comfortable with. His comment echoed the FOMC minutes released earlier, in which the central bank committed to support the economic recovery with accommodative policies. ....
Nasdaq Rallies on Biden's Infrastructure Proposal, Hang Seng and ASX 200 May Climb dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
Asia-Pacific equities are poised for a strong opening following a decent rebound in US tech stocks overnight. The US Dollar index retreated alongside the 10-year yield, alleviating pressure on risk. ....