There are some doubts about Apple sustainability amid coronavirus. Who will buy and who will produce new IPhones?
Asian equities mostly sag as Harvey impact
On Monday, Asian equities went down, with Hong Kong out-of-step- because the impact of Hurricane Harvey on American surge in the current quarter and also the absence of fresh clues on monetary policy by the Fed or ECB weighed at the weekend.
In Japan, Nikkei 225 relieved 0.10%, South Korea's Kospi went down 0.65% following a weekend missile test by North Korea.
Meanwhile, in Australia, the S&P/ASX 200 edged down 0.66%, the Shanghai Composite dived 0.86% and the Hang Seng index rose 0.56%.
The previous week, Wall Street managed to conclude higher on Friday, thus snapping a two-week diving streak amid revived optimism that Donald Trump is going to deliver on tax reform, while confounding hopes for a rate lift later in 2017 spurred market sentiment.
The Dow Jones Industrial Average ended lower showing 21,813. Additionally, the S&P 500 concluded 0.17% higher. Meanwhile, the Nasdaq Composite was intact.
The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
US Fed comes right on time with the crisis support program announcement. How does the stock market react?
We could gain from buying emerging-market currencies such as South African rand, Mexican peso and Brazilian real.
Here are the most important topics that will determine the dynamics of currencies, commodities and stocks on Thursday, April 9. N