Asia stocks to rise after earnings-led U.S. climb: markets wrap
Asian stocks look set to climb Thursday after solid company earnings boosted Wall Street, easing concerns about peak economic growth and coronavirus flareups. The dollar and Treasuries declined.
More than 85% of the S&P 500 firms reporting so far have beaten analysts predictions, according to data compiled by Bloomberg. U.S. earnings calls have also underlined the pick up in inflation, with many executives highlighting greater pricing power.
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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...