Asia stocks hover below nine-month high after Wall Street stalls

  • 📰 Reuters
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Asian stocks hovered below a nine-month high on Tuesday after disappointing bank...

TOKYO - Asian stocks hovered below a nine-month high on Tuesday after disappointing bank earnings dented Wall Street, though recent signs that the global economy is likely to avoid a sharper downturn helped limit the losses.

The Shanghai Composite Index lost 0.1 percent. South Korea’s KOSPI fell 0.1 percent, Australian stocks added 0.5 percent.“The equity markets are facing some headwinds after their recent large gains,” said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management. Wall Street lost ground on Monday, dragged down as underwhelming bank earnings curbed investor enthusiasm. But while all three major U.S. stock indexes edged lower, the S&P 500 remained within a percent of its record high. [.N]

Spot gold was a shade lower at $1,286.21 an ounce and headed for its fourth straight days of losses. [GOL/] The dollar, which tends to underperform when risk appetite increases, was steady at 96.980 against a basket of six major currencies, extending overnight losses.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Personally I think there’s something inherently dishonest about US stocks. Creepy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks hover below nine month peak after Wall Street stallsAsian stocks hovered below a nine-month peak on Tuesday after disappointing bank...
Source: Reuters - 🏆 2. / 97 Read more »

Stock markets open with slight gains as Wall Street awaits Fed minutesU.S. stock indexes opened with modest gains Wednesday as investors took an important reading of inflation, and updates from European and U.S. central banks.... I don't get it. On nights of big exciting events we (wife and I) are usually beat and just go to bed. Best romantic nights were when it was quiet, just the two of us at home having nice dinner and listening to music
Source: MarketWatch - 🏆 3. / 97 Read more »

70% of Wall Street thinks Trump will be reelected in 2020A new poll of Wall Street insiders shows that a vast majority expect President Donald Trump to win reelection in 2020. 30% like losing money.
Source: YahooNews - 🏆 380. / 59 Read more »

Guggenheim says next recession will be less severe — but the ensuing stock market fall will be brutalEven though the next recession is likely to be shallow, stock-market investors will nurse some hefty losses in the next downturn, says Guggenheim
Source: MarketWatch - 🏆 3. / 97 Read more »

Uber IPO; Central banks in focus; Delta earningsCNN's ChristineRomans has the day's top business headlines before the opening bell on Wall Street ChristineRomans Why do people still watch these fools ChristineRomans I get it. Make money only if u have money ChristineRomans
Source: CNN - 🏆 4. / 95 Read more »

Disney draws second upgrade in two days as Wall Street eagerly awaits streaming service launchBMO Capital Markets upgraded Walt Disney Company stock Wednesday as the media content giant prepares to launch its streaming service.
Source: CNBC - 🏆 12. / 72 Read more »

Disney to pitch video streaming service to Wall StreetWalt Disney Co on Thursday will unveil a family-friendly streaming service with ... Are they the people who will be pitching it? Sure. Is that they've destroyed Star Wars, why not? Oh, Mickey.
Source: Reuters - 🏆 2. / 97 Read more »

Nasdaq's recent 'golden cross' is bullish signal for rest of April: Wall Street AI trading toolWhen the Nasdaq has seen a 'golden cross' since 1980, the stock market index has usually continued higher.
Source: CNBC - 🏆 12. / 72 Read more »

Perspective | This charter school principal dresses for Wall Street, so his students know where to aimAt D.C.’s Eagle Academy, Max Lyttle says, success can be as simple as putting some routine in a child’s life. 👏 What’s I don’t think Wall Street is a admirable career they are gamblers with other people ‘s money.
Source: washingtonpost - 🏆 95. / 72 Read more »

Wall Street ekes out gains as investors shrug off Fed minutesTechnology stocks led Wall Street slightly higher on Wednesday, as U.S. inflatio...
Source: Reuters - 🏆 2. / 97 Read more »