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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By Jimmy
Hey moomooers! Here are things you need to know before the opening bell:
- U.S. stock index futures were higher on Thursday as stable bond yields continued to give the green light to investors to buy stocks following Monday’s market rout.
- Elon Musk says he personally owns bitcoin-and so does SpaceX
Market snapshot
U.S. stock index futures were higher on Thursday as stable bond yields continued to give the green light to investors to buy stocks following Monday’s market rout.
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