Asian shares advance on earnings optimism, yen slips to 4-yr low
TOKYO, Oct 20 (Reuters) – Asian shares advanced and U.S. long-dated bond yields edged up to a five-month high on Wednesday on rising optimism about the global economy and corporate earnings while the yen slipped to a four-year low on the dollar. Japan’s Nikkei (.N225) rose 0.8% while MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) added 0.3%, […]
Stocks Rebound, Treasuries Fall Ahead of Jobs Report
Stocks rebounded from Monday’s rout and Treasuries fell as investors assessed the state of the economy before a key payroll report Friday. An ISM reading on the U.S. services sector activity came in better than expected Tuesday, likely keeping the Fed on track to announce a pullback in bond-buying. The gains helped ease concerns of […]
S&P 500 edges down on coronavirus woes, slowing economy
Aug 2 (Reuters) – The S&P 500 Index closed slightly lower on Monday after erasing early gains as worries about the Delta variant of the coronavirus and a slowing U.S. economy overshadowed optimism around more fiscal stimulus and a strong second-quarter earnings season. Federal Reserve Governor Christopher Waller said on CNBC late in the session […]
S&P 500 hits new peaks after May inflation data misses estimates
June 25 (Reuters) – The S&P 500 hit all-time high at the open on Friday following robust earnings forecast from Nike, while weaker-than-expected inflation data eased worries about monetary policy tightening in the near term. The S&P 500 (.SPX) opened higher by 7.96 points, or 0.19%, at 4,274.45, while the Nasdaq Composite (.IXIC) gained 31.10 points, or 0.22%, to […]
Analysis: As small-cap stocks lag, Wall Street worries about broad slowdown
An historic rally in share prices for smaller U.S. companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market as a whole may have already priced in a strong rebound from the pandemic. “The easy money has been made for small caps and for […]
Asia shares loiter as S&P futures climb fresh peak
SYDNEY (Reuters) – Asian share markets lagged on Thursday as U.S. stock futures nudged to another record high after the Federal Reserve underlined its commitment to keeping policy super loose even as the economy enjoys a rapid recovery. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat, and also little changed on the week. […]
S&P 500 ends at record high as Wall Street rises
(Reuters) – Wall Street climbed on Monday, with the S&P 500 closing at a record high, as investors awaited cues from the Federal Reserve this week amid caution over rising borrowing costs spurred by massive fiscal stimulus.
