Asian Stocks to Rise as Tech Lifts Wall Street: Markets Wrap
Stocks advanced before the US jobs report as Apple Inc. fanned optimism about the earnings power of big tech companies. The yen climbed to a three-week high.
Stocks advanced before the US jobs report as Apple Inc. fanned optimism about the earnings power of big tech companies. The yen climbed to a three-week high.
Billionaire Mike Ashley dropped the London lawsuit against Morgan Stanley that alleged a $995 million margin call the investment bank made was driven by “snobbery” against the retail tycoon.
A few days ago, BlackRock Inc. sent an unusual message to thousands of clients. It contained none of the formulaic language or inscrutable fine print typically packed into these sorts of statements. No, this was a call to arms.
ArcelorMittal SA, the world’s biggest steelmaker outside of China, remains positive on the medium to long-term outlook for demand after first-quarter earnings beat estimates.
Amgen Inc.’s shares soared after its chief executive officer said he was “very encouraged” by early results from a study of the company’s experimental obesity drug, MariTide.
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