Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Asian equities surge as market appreciates Fed meeting
On Monday, Asian equities soared led by the Hang Seng index because market sentiment on the global economic outlook was still firm ahead of an American key bank gathering this week.
The Nikkei 225 rallied 0.52%, while the Hang Seng tacked on 1.04%. Additionally, the Kospi leapt 1.0%. Meanwhile, in Australia S&P/ASX 200 earned 0.50%, the Shanghai Composte jumped 0.25%.
The Federal Reserve Open Market Committee is expected to have a two-day gathering slated for September 19-20, and the members are supposed to hold steady. Investors are waiting for initial details on winding back the Fed’s balance sheet.
The previous week, the ascend on Wall Street kept unrolling as American equities notched a weekly revenues on Friday notwithstanding data disclosing a sudden sag in retail sales the previous month tapering hopes for firm third quarter economic surge.
The Dow Jones Industrial Average concluded higher showing 2268.34. As for the S&P 500, it leapt 0.18%, the Nasdaq Composite concluded at 6448.47, ascending 0.30%.
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
Pfizer Inc. announced that its Covid-19 vaccine prevented more than 90% of infections in a large-scale study.
Australian Private Capital Expenditure will be out on Thursday at 2:30 MT time!
Oil jumped to March high, stocks are heading to record highs, while the US dollar is on the back foot.
News geeks get ready for the chain of US reports, which starts at 15:30 MT time on November 25!