Asian Stocks Track U.S. Gains as Tech Rebounds: Markets Wrap
Asian stocks opened firmer Thursday after U.S. equities rebounded from a three-day rout, with buyers pushing the tech-heavy Nasdaq 100 to its best day since April. The dollar steadied after declines.
Shares rose in Japan, South Korea and Australia. S&P 500 futures fluctuated after the index rose the most since June, though finished well off session highs. Nasdaq 100 contracts advanced. The overnight Nasdaq gains followed an 11% rout that took it down to its 50-day moving average, a closely-watched technical level. Treasuries were little changed. The pound steady after recent declines on worries that talks could collapse over changes to the Brexit withdrawal deal.
No comments:
Post a Comment