#Latest news with #TradeAccordBloomberg2 days agoBusinessBloombergStocks to Open Flat as Trade Pact Details Awaited: Markets WrapAsian stocks may open with caution on Thursday as investors awaited further details on a US-China trade accord. Softer-than-expected US inflation supported the case for Federal Reserve rate cuts, spurring Treasuries higher. Asian equity futures held to muted moves early Thursday after the S&P 500 fell 0.3% Wednesday and the Nasdaq 100 dropped 0.4% as big tech weighed on US benchmarks. The declines halted a three-day advance for US stocks, with Apple Inc. down about 2%. In late hours, Oracle Corp. surged after revenue beat estimates. Contracts for US equities were little changed in early Asian trading.
Bloomberg2 days agoBusinessBloombergStocks to Open Flat as Trade Pact Details Awaited: Markets WrapAsian stocks may open with caution on Thursday as investors awaited further details on a US-China trade accord. Softer-than-expected US inflation supported the case for Federal Reserve rate cuts, spurring Treasuries higher. Asian equity futures held to muted moves early Thursday after the S&P 500 fell 0.3% Wednesday and the Nasdaq 100 dropped 0.4% as big tech weighed on US benchmarks. The declines halted a three-day advance for US stocks, with Apple Inc. down about 2%. In late hours, Oracle Corp. surged after revenue beat estimates. Contracts for US equities were little changed in early Asian trading.
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