Asian Stocks Set to Track US Higher, Led By Japan: Markets Wrap
Asian stocks advanced Tuesday after Wall Street was bolstered by a strong start to the earnings season led by the “Magnificent Seven” big-tech companies.
Asian stocks advanced Tuesday after Wall Street was bolstered by a strong start to the earnings season led by the “Magnificent Seven” big-tech companies.
Oil held its biggest drop in almost two weeks as discussions on a possible cease-fire in the Middle East reduced the risk premium for crude.
Chinese President Xi Jinping is heading to the European Union for the first time in five years with a clear message: Beijing offers much more of an economic opportunity for the bloc than the US wants to admit.
Japan’s factory output rebounded more than expected, reversing from two months of declines, in a sign of improvement in the manufacturing sector after a poor start to the year.
Japan’s stock market rose after a holiday, giving traders their first chance to react to Monday’s volatile yen session that sparked suspicion the nation’s government intervened to support the currency.
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