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Asia stocks to track U.S. slide on Fed taper talk: Markets Wrap
Asian stocks are set to dip at the open Thursday after a slide on Wall Street sparked by Federal Reserve minutes indicating officials could start paring stimulus from later this year.
Futures were lower in Japan and Australia but steady in Hong Kong. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 fell for a second day. Most Fed officials agreed last month they could start slowing the pace of bond purchases later this year given the progress made toward inflation and employment goals.
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Asian stocks are set to dip at the open Thursday after a slide on Wall Street sparked by Federal Reserve minutes indicating officials could start paring stimulus from later this year.
Futures were lower in Japan and Australia but steady in Hong Kong. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 fell for a second day. Most Fed officials agreed last month they could start slowing the pace of bond purchases later this year given the progress made toward inflation and employment goals.
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Global supply chains are being battered by fresh infection surges
Asia’s renewed surge in infections is compounding supply-chain blockages across the world’s biggest source of manufactured goods.
After weathering earlier global health crisis waves better than other regions, the fast-spreading delta variant has thrown into turmoil factories and ports in countries that were once among the most successful containing the crisis.
Wall street is the...
Asia’s renewed surge in infections is compounding supply-chain blockages across the world’s biggest source of manufactured goods.
After weathering earlier global health crisis waves better than other regions, the fast-spreading delta variant has thrown into turmoil factories and ports in countries that were once among the most successful containing the crisis.
Wall street is the...
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Anticipation is thick in the air as the earnings season draws upon us. All eyes are on the upcoming earnings announcements by tech giants. The S&P 500, for instance, has been defying odds with its bullish run time and again. Will it hit a new high if the aforesaid companies announce better than expected results? Is it a good time to invest?
Generally, there are a few options:
1. Lock in profits by selling either partially or fully before earnings season
Th...
Generally, there are a few options:
1. Lock in profits by selling either partially or fully before earnings season
Th...
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$NIO Inc (NIO.US)$
https://www.investors.com/news/nio-stock-buy-now/
China's Nio (NIO) continues to see strong demand for its luxury electric SUVs so far in 2021, while innovating battery technology and expanding in Europe. Is Nio stock a buy right now?
https://www.investors.com/news/nio-stock-buy-now/
China's Nio (NIO) continues to see strong demand for its luxury electric SUVs so far in 2021, while innovating battery technology and expanding in Europe. Is Nio stock a buy right now?
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