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Asia stocks set for cautious start after U.S. High: markets wrap
Asian shares looked set for a muted open Friday as the spread of the delta variant and China’s regulatory curbs subdue sentiment despite another record close on Wall Street.
Futures edged up in Japan and Australia but fell in Hong Kong. U.S. contracts were steady. Earlier, the S&P 500 hit a fresh peak, while the tech-heavy Nasdaq 100 also climbed. Ten-year U.S. Treasury yields reached a one-month high amid a tepid 30-year auction and data highlighting price pressures and a labor market recovery. A gauge of the dollar advanced.
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Asian shares looked set for a muted open Friday as the spread of the delta variant and China’s regulatory curbs subdue sentiment despite another record close on Wall Street.
Futures edged up in Japan and Australia but fell in Hong Kong. U.S. contracts were steady. Earlier, the S&P 500 hit a fresh peak, while the tech-heavy Nasdaq 100 also climbed. Ten-year U.S. Treasury yields reached a one-month high amid a tepid 30-year auction and data highlighting price pressures and a labor market recovery. A gauge of the dollar advanced.
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$iShares Hang Seng TECH ETF (03067.HK)$ queuing at 15.5
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With a market capitalization of 2.41 trillion U.S. dollars as of July 2021, $Apple (AAPL.US)$was the world's largest company in 2021. Rounding out the top five were some of the US's most recognizable brands: $Microsoft (MSFT.US)$, $Amazon (AMZN.US)$, $Alphabet-C (GOOG.US)$and $Meta Platforms (FB.US)$.
Market cap (i.e. market capitalization) is the total market value of the company’s outstanding shares. Stocks are often categorized by market cap: mega-cap ($100 billion plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).All the companies listed below are mega-cap corporations.
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Market cap (i.e. market capitalization) is the total market value of the company’s outstanding shares. Stocks are often categorized by market cap: mega-cap ($100 billion plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).All the companies listed below are mega-cap corporations.
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$BABA-W (09988.HK)$ It’s time for a rebound!
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