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Japan stocks lead gains in Asia after upbeat consumer spending data, U.S. rate cut hopes lift sentiment – CNBC

26 minutes ago Nippon Watch records current account surplus in 2023/24 According to Reuters, Japan recorded its largest-ever current account surplus worth 25.3 trillion yen ($162.9 billion) in the fiscal year ending March 2024. The current account surplus in March was 3.4 trillion yen. Current account measurements are important indicators of international trade. —Shreyashi Sanyal, […]

Stocks making the biggest moves premarket: Walt Disney, Hims & Hers, Palantir and more – CNBC

Check out the companies that made headlines before the bell: Walt Disney — Media giant buoyed by narrowing streaming losses even after The Walt Disney Company reported better-than-expected fiscal second-quarter profits It fell more than 4%. Hims & Hers Health — Shares rose 14% after the telemedicine consultation platform released better-than-expected second-quarter revenue guidance. Hims […]

Chinese Stocks Climb in Catch-Up Trade on Return From Holidays – Yahoo Finance

(Bloomberg) — Chinese stocks and the domestic yuan rose on the return from the holidays, buoyed by the Chinese government’s supportive policy stance and signs of continued recovery in consumption. Most Read Articles on Bloomberg The CSI300 index rose as much as 1.8% on the first trading day of May, with the information technology and […]

Asian Stocks Eye Positive Start as China Returns: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian stock markets are firm as China returns from a three-day holiday and Friday’s weaker-than-expected U.S. jobs report rekindles expectations that the U.S. Federal Reserve will cut interest rates this year. We are paying attention to the approach. Most Read Articles on Bloomberg U.S. stock futures rose modestly in early trading after the […]

Tech Lifts Stocks as Apple Jumps in Late Hours: Markets Wrap – Yahoo Finance

(Bloomberg) — The world’s biggest technology companies pushed their stocks higher as traders braced for Friday’s jobs report. Bonds rose, but the dollar fell the most in 2024. Most Read Articles on Bloomberg Late in the day, the company announced that sales in the previous quarter did not fall as sharply as feared, supported by […]

Stocks surge as Fed Chair signals further rate hikes ‘unlikely’

Investors breathed a sigh of relief Wednesday after the Federal Reserve indicated the central bank’s next action likely won’t be to raise interest rates. The Fed held interest rates on hold Wednesday, raising a red flag over recent disappointing inflation data and extending its wait-and-see stance, which could last until later this year. However, Federal […]