Earnings Season Will Test Whether Strong Profits Can Keep Wall Street Steady Despite War Risks
Wall Street is heading into a critical first-quarter earnings season that may determine whether the stock market can stay resilient despite the economic risks created by the war involving Iran. Investors are looking for proof that strong corporate profits can continue to support U.S. equities even as higher energy prices and geopolitical uncertainty threaten to […]
Asian stocks track latest Wall Street rally as rate bets rise
Asian markets rose again Thursday to extend the week’s global rally as traders ramp up bets on a third successive US interest rate cut next month. With recent worries over stretched valuations appearing to be on the back burner for now, confidence continues to flow through trading floors, boosting riskier assets including bitcoin. Comments from […]
Asia markets tick up after Wall Street rebound
Asian stock markets were mostly up Thursday morning, tracking gains made on Wall Street as a weak labour market report in the United States boosted hopes for an interest-rate cut. European and US equities rebounded Wednesday as a global bond selloff eased, with shares in Google parent Alphabet jumping after a favourable court ruling. Meanwhile, […]
