Zuckerberg has lost 7 billion dollars as companies pull adds from Facebook. Catch the moment!
Asian equities hit 10-year maximum as Wall St. hits records
On Wednesday, Asian equities wobbled, while still marking a 10-year maximum, cheered by record peaks on Wall Street. At the same time stocks of Apple Inc's suppliers declined following the publication of the latest iPhone.
MSCI's index of Asia-Pacific equities moderately declined, having ascended to its highest value since October 2007. Additionally, Australian stocks grew 0.2%, Korean equities KS11 surged 0.1%.
On Tuesday, the S&P 500, Nasdaq Composite and Dow Jones industrials all marked record peaks because investors' worries faded about North Korean tensions and the impact of Hurricane Irma.
American revenues were kept in check, by a dip in equities of Apple Inc after it disclosed its newest line of iPhones. Apple descended 0.6%, although pared some dips in afterhours trade.
In Japan, Nikkei stock index N225 inched up 0.5% reaching a one-month maximum, getting a tailwind because the Japanese yen stood far away for its recent leaps.
The European central bank will publish the main refinancing rate and make a statement on Thursday, July 16, at 14:45 MT time. Also, the ECB’s press conference will be later at 15:30 MT time.
Optimism about the Moderna vaccine improved the market sentiment. Let’s have a closer look, what’s happening today.
The Canadian central bank will announce interest rates and make a speech on Wednesday, July 15, at 17:00 MT time. Also, the BOC press conference will be later at 18:15 MT time.