US stock futures steady with Fed, rate cues in focus
U.S. stock index futures moved little on Monday evening after technology stocks spurred a positive session on Wall Street, with focus turning to more key signals on interest rates due this week. Gains in tech helped markets weather threats of more tariff action from President-elect Donald Trump, who threatened to impose steep tariffs…
Latest US clampdown on China’s chips hits semiconductor toolmakers
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. The effort to hobble Beijing’s chipmaking ambitions also hits Chinese chip toolmakers Piotech, ACM Research (NASDAQ:ACMR) and SiCarrier Technology with new export…
Japanese yen soars to 1-mth high as Tokyo CPI fuels BOJ rate hike bets
The Japanese yen hit its strongest level against the dollar in just over a month on Friday as higher-than-expected inflation data from Tokyo reinforced expectations for a December rate hike by the Bank of Japan. The yen’s USD/JPY pair- which gauges the amount of yen needed to buy one dollar- sank around 1%…
US stock futures muted after tech losses, rate uncertainty dent Wall St
U.S. stock index futures steadied on Wednesday evening following a negative session on Wall Street as weak earnings and increased regulatory jitters dented technology shares. Investors also grew more uncertain over the outlook for interest rates after a batch of strong data showed resilience in the economy. Sentiment was especially peeved by a…
US stock futures rise as Trump picks Bessent for Treasury role
U.S. stock index futures rose in evening deals on Sunday as Wall Street appeared to be relieved by President-elect Donald Trump nominating prominent investor Scott Bessent as Treasury Secretary. Futures were buoyed by a persistent rotation into cyclical and economically sensitive stocks, as markets positioned for more expansionary policies under Trump. But overall…
Asia stocks rise on tech gains; China LPR, Japan inflation in focus
Most Asian stocks rose on Tuesday with local technology stocks tracking overnight strength in their U.S. peers, with focus this week squarely on an interest rate decision in China and Japanese inflation data. Regional markets took some positive cues from Wall Street, as a rally in major tech stocks, led by Tesla (NASDAQ:TSLA),…
Shares rise ahead of Nvidia results; BOJ’s Ueda offers few rate hints
Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from Nvidia (NASDAQ:NVDA), while in Japan, a speech from its central bank’s head left markets none the wiser on the country’s rate outlook. Bank of Japan Governor Kazuo Ueda reiterated on Monday the central bank will keep raising…
US stock futures steady after record-high run; CPI awaited
U.S. stock index futures steadied in evening deals on Monday after Wall Street hit a series of record highs on optimism over Donald Trump’s election victory, with focus now turning to upcoming inflation data this week. Futures steadied as a rally on Wall Street now appeared to be slowing, although benchmark indexes still…
Asia stocks upbeat after Fed rate cut; China stimulus awaited
Most Asian stocks rose on Friday, tracking strength in Wall Street after the Federal Reserve cut interest rates as expected, while anticipation of more fiscal stimulus in China also buoyed local markets. Regional markets took positive cues from a record-high close on the S&P 500 and the NASDAQ Composite, as markets were encouraged…
US stock futures steady after Trump victory spurs record highs; Fed in focus
U.S. stock index futures steadied in evening deals on Wednesday after Wall Street surged to record highs on Donald Trump winning the 2024 presidential election, with focus now shifting to the Federal Reserve. The central bank is widely expected to cut interest rates on Thursday. But its outlook on the path of interest…
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