Key Points
SYDNEY (Reuters) -Asian shares were buoyed by a late bounce in U.S. tech on Friday as results from Meta and Amazon beat expectations, while investors are bracing for U.S. jobs figures, which could hasten bets for rate cuts if they come in below forecast...
Both quarterly results from Meta Platforms and Amazon.com impressed investors, with their shares surging 15% and 7% in after-hour trading, respectively, adding a combined $280 billion in stock market value on Thursday..
Markets still see a chance of a March move at about 40%, while the probability for a May move stood at 32 basis points implying a 100% probability of 25 basis points and some chance of a 50 basis-point easing...
Reflecting the still sizeable cuts to come this year about 145 basis points priced in and renewed jitters over regional U.S. banks adding to safe-haven demand, longer-term Treasuries are headed for the best week since mid December...
In energy markets, oil prices recouped some losses from the previous day following a decision by OPEC+ to keep its oil output policy unchanged, though they are still headed for weekly losses..
You might be interested in
RBI MPC, crude oil among top 10 factors to impact D-Street mood this week
01, Oct, 23The week ahead will be important for the markets as the Reserve Bank of India (RBI) will announce its monetary policy decisions, and investors will closely monitor global events such as the US manufacturing PMI data, UK manufacturing data, and China's manufacturing PMI data. The movement of the Indian rupee against the US dollar and crude oil prices will also impact market performance.
Global markets update: US stocks end mixed after Fed signals more rate hikes
14, Jun, 23The Dow Jones dropped 232.79 points, to 33,979.33. The broad-based S&P 500 rose 3.58% at 4,372.59, while the tech-rich Nasdaq climbed 0.4% to 13,626.48.
Global Market: Tech stocks push S&P 500 further into bull market
09, Jun, 23The S&P 500 rose 0.4%, as tech shares drove another session of gains with Tesla Inc. up 5.8% after General Motors Co. announced it’s joining the company’s charging network
Stock markets nervous about Fed pivot and banking sector
04, May, 23Another U.S. regional bank, PacWest Bancorp, reported troubles overnight, reminding investors of the precarious health of some banks despite regulators' assurances around containing the crisis that started with the collapse of Silicon Valley Bank and Signature Bank in March.
US stocks: Wall Street ends higher as investors eye upcoming jobs data
07, Apr, 23International Business News: Alphabet Inc rallied 3.8% and Microsoft climbed 2.6%, with both leading the gains and powering the S&P 500 higher. The Labor Department's data showed
Wall St Week Ahead Broadening of U.S. stock rally feeds investor optimism
24, Nov, 23Signs the U.S. stock market rally is broadening from the so-called Magnificent Seven of mega-cap growth and technology companies is bolstering investor hopes for a rally through year-end.
Asian stocks brace for central bank bonanza
11, Dec, 23By Wayne Cole SYDNEY (Reuters) - Asian shares started cautiously on Monday ahead of a week packed with a quintet of central bank meetings and data on U.S. inflation that could make or break market
Asian shares climb as US rate cut fever lingers, oil holds gains
20, Dec, 23By Stella Qiu SYDNEY (Reuters) - Asian shares tracked Wall Street higher on Wednesday as U.S. rate cut fever lingered, while oil held on to gains from the past two days after Houthi militants' attacks
Oil rises 1% as dollar slips, focus shifts to economic data
24, Apr, 24By Shariq Khan NEW YORK (Reuters) -Oil prices rose a dollar a barrel on Tuesday as the U.S. dollar index fell to its lowest in over a week and as oil investors shifted focus away from geopolitical