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Asia stocks eye steady open after U.S. neared high
Asian stocks look set for a cautious start Friday after U.S. shares edged toward an all-time high and Treasuries climbed as traders digested some mixed economic data and the latest spate of earnings.
Equity futures dipped in Australia and Hong Kong. Japan is closed for a holiday. The S&P 500's biggest three-day advance since April took it nearer a new peak, while the Nasdaq 100 closed at a record. Technology firms like Microsoft Corp. rallied and cyclical stocks lagged. Twitter Inc. jumped on an upbeat outlook, but Intel Corp. fell on a lackluster sales forecast. U.S. stock futures rose.
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Asian stocks look set for a cautious start Friday after U.S. shares edged toward an all-time high and Treasuries climbed as traders digested some mixed economic data and the latest spate of earnings.
Equity futures dipped in Australia and Hong Kong. Japan is closed for a holiday. The S&P 500's biggest three-day advance since April took it nearer a new peak, while the Nasdaq 100 closed at a record. Technology firms like Microsoft Corp. rallied and cyclical stocks lagged. Twitter Inc. jumped on an upbeat outlook, but Intel Corp. fell on a lackluster sales forecast. U.S. stock futures rose.
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$Dow Jones Industrial Average (.DJI.US)$ rose to almost 35,000 ahead of the second-quarter earnings season for banks, which kick off Tuesday.
In the regular trading session the Dow rose 126.02 points to close just below 35,000. The $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ gained 0.3% and 0.2%, respectively, to record closes.
Investors are turning their attention to banks as they prepare to release their second quarter earnings this week, starting with ...
In the regular trading session the Dow rose 126.02 points to close just below 35,000. The $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ gained 0.3% and 0.2%, respectively, to record closes.
Investors are turning their attention to banks as they prepare to release their second quarter earnings this week, starting with ...
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