Asia Stocks to Track US Rebound on Profit Optimism: Markets Wrap
Shares in Asia rose, led by Hong Kong, after Wall Street rebounded from a $2 trillion selloff on optimism that big tech leaders will announce strong profits this week.
Shares in Asia rose, led by Hong Kong, after Wall Street rebounded from a $2 trillion selloff on optimism that big tech leaders will announce strong profits this week.
Chinese mainland investors increased their portion of total turnover of Hong Kong stocks to a record daily average in April, with the latest measures to bolster the city’s position potentially boosting their purchases.
Appetite for global crypto funds continued to decline after a second week of outflows amid investor concerns that interest rates won’t be coming down any time soon, according to a report from CoinShares International Ltd.
It sounds like a surefire, slam-dunk trade for stock investors playing defense: ETFs that will bet on equity markets without — the pitch says — going down.
Gold mining stocks are suffering their worst trading session in two months as the price of bullion drops amid signs of easing geopolitical tensions between Israel and Iran.
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