Asia stocks to track U.S. rally as traders buy dip: markets wrap
Asian stocks look set to snap three days of losses after bargain hunters drove U.S. equities to the biggest advance since March as anxiety over the economic impact of coronavirus flareups eased. Treasury yields rose.
Futures climbed Wednesday in Japan, Australia and Hong Kong.
BlackRock-led ‘big three’ may forestall chaos in stock markets
Critics who assail the growing influence of i...

Global growth boom may disappoint, Morgan Stanley’s Sharma warns
Ruchir Sharma, head of emerging markets and chief global strategist at Morgan Stanley Investment Management, is the author of bestsellers including “Breakout Nations” in 2012 and “The Rise and Fall of Nations” in 2016, isn’t predicting a global bust.
What he’s warning is that the consensus for a robust boom may be overlooking downside risks that may cause momentum to fade sooner than expected.
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By Chloe
Good morning moomooers! Here are things you need to know before the opening bell:
- U.S. stock futures pause after record close.
- Economic week ahead: Services, job openings, claims
Market Snapshot
Stock futures were flat on Tuesday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high.
Futures on the Dow Jones Industrial Average fell 22 points. S&P 500 futures fell 0.1% and Nasdaq 100 futures were fractionally higher. U.S. markets were closed for the July 4 Independence Day holiday on Monday....