Three more corporations reported their earnings today. While the US session is still closed, let's see the data - it's pretty strong!
Asian equities neglect Wall St. weakness
On Tuesday, Asian equities rallied, shrugging off moderate losses on Wall Street. Meanwhile, expectations of another American interest rate lift in 2017 kept underpinning the evergreen buck.
The Eurostoxx 50 as well as Germany's Dax futures both slid 0.1%. Additionally, France's Cac futures and Britain’s FTSE both dipped a bit.
MSCI's index of Asia-Pacific equities managed to gain 0.6%.
As for Japan's Nikkei stock index, the given benchmark reversed early losses and concluded 0.6% higher because financial markets reopened after Monday’s public holiday.
China shares rebounded from the previous session's 21-month maximums because market participants took revenues on recent gainers and waited for third-quarter economic as well as earning reports. The blue chip CSI300 index sank 0.3%, the Shanghai Composite Index decreased 0.1%.
Korean stocks tacked on 1.6% on their first trading day this month because tech equities led by Samsung Electronics Co Ltd managed to catch up with revenues earned by global stock markets after a long break.
As the earnings season kicks in, JPMorgan is the first to impress us with the better-than-expected data!
Nike has dropped to lows unseen since November of 2020 as it faces a boycott in China over Xinjiang's cotton issues.
In this article, you'll find the list of the hottest stocks to trade on April 19-23, which will publish their earnings!
While Citigroup reports better-than-expected quarterly data, it is also aims at restructuring its global presence. What will be the impact?
What's moving markets on Friday? What is the hottest news? Let's find out!