Asian markets drop with Wall Street as tech fears revive
Asian markets dropped Monday as concerns about the AI-fuelled tech rally returned to the spotlight after weak earnings from two big-name firms last week revived questions about the wisdom of the vast sums invested in the sector. The selling came as traders turned their attention away from the Federal Reserve’s monetary policy after it cut […]
Asian stocks track latest Wall Street rally as rate bets rise
Asian markets rose again Thursday to extend the week’s global rally as traders ramp up bets on a third successive US interest rate cut next month. With recent worries over stretched valuations appearing to be on the back burner for now, confidence continues to flow through trading floors, boosting riskier assets including bitcoin. Comments from […]
Asia markets tick up after Wall Street rebound
Asian stock markets were mostly up Thursday morning, tracking gains made on Wall Street as a weak labour market report in the United States boosted hopes for an interest-rate cut. European and US equities rebounded Wednesday as a global bond selloff eased, with shares in Google parent Alphabet jumping after a favourable court ruling. Meanwhile, […]
US stocks drift closer to their record as Wall Street waits to see what US-China talks will bear
U.S. stocks drifted closer to their all-time high on Tuesday as the wait continued to hear what will come of trade talks between the United States and China. The S&P 500 rose 0.5% as talks between the world’s two largest economies carried into a second day. The Dow Jones Industrial Average added 105 points, or 0.2%, and the […]
