Asian stocks rose Friday after U.S. shares reached a record on optimism about a stimulus-fueled economic recovery. Equity trading volumes were below average because of holidays across the region.
Chip-makers bolstered South Korean equities following a report that the U.S. plans to meet with semiconductor and auto companies to discuss the global microprocessor shortage. Markets in Japan and China posted modest gains.
U.S. equity futures edged up after the S&P 500 closed above 4,000 for the first time. Tech shares outperformed and value stocks rallied as traders weighed President Joe Biden’s $2.25 trillion spending plan and signs of faster growth.
Treasuries rebounded after the worst quarter in decades with 10-year yields falling back below 1.7%. The dollar retreated. Oil climbed after the OPEC+ alliance agreed to boost output gradually. In Asia, markets including Australia, Hong Kong, Singapore and India are shut for holidays, as are many worldwide.
Nikkei +1.46% Hang Seng closed CSI +0.56% Shanghai +0.21% Shenzen +0.73%
Eur$ 1.1777 CNH 6.5695 CNY 6.5619 JPY 110.51 GBP 1.3845 CHF 0.9415 RUB 76.10 TRY 8.1219 WTI$ 61.24 -0.34% GOLD 1,730.66 +0.08% BTC 59,450 +680
S&P +0.20%
Nasdaq +0.25% EuroStoxx Closed FTSE Closed Dax Closed ...Europe Closed
Macro :
- Archegos Shows Need to Monitor Family Offices, Berkovitz Says
- German Practitioners to Start Vaccinations Next Week: Ministry
- Australia Finds 1 Case of Clotting Following Astra Vaccination
Spacs :
- SPAC Called 5G Edge Wants to Go Public Under Ticker ‘ARK’
Keep an eye on :
Keep an eye on :
- AGS BB : Ageas Sees RPN(I) Effect Boosting 1Q Net by EU1.7 Million
- ALO FP : Alstom Acquires Helion Hydrogen Power, No Financial Terms
- APPS SM : Applus Says Malware Attack Disrupted U.S. Vehicle Inspections
- AT IM : ASTM Offer Approved by Market Regulator, to Run April 13-May 10
- AZN LN : UK Saw 25 New Blood Clot Cases Linked to AstraZeneca Vaccine: FT
- AZN LN : Fauci Says U.S. May Not Need AstraZeneca Covid-19 Shots: Reuters
- BA US : Pratt Signals Long Wait Until 777 Engine Checks Are Completed
- FBAVP BB : BNP Paribas Fortis to Take Over Rest of Bpost Bank by Year-End
- CGG FP : CGG Issues $500M Notes, EU585M Notes Due 2027
- COIN US : Coinbase Files for Direct Listing, Shares to Trade on April 14
- CBK GY : Commerzbank Will Record $550 Million Charge for Job Cuts
- CSGN SW : Credit Suisse Effort to Recoup Greensill Loans Faces Roadblock
- ROO LN : Deliveroo Snubbed US Approach Ahead of Disastrous Float
- DIE BB : Belgian March Car Registrations Rise 56%; D’Ieteren Has 22.7%
- FB US : U.K. May Make Facebook Allow Police Access to Messages: Guardian
- IIA AV : Immofinanz: Transfer of Shares in RPPK Not Done, Pecik Still CEO
- MRNA US : FDA Revises Moderna COVID-19 Vaccine’s EUA to Boost Doses
- MRNA US : FDA Revises Moderna COVID-19 Vaccine’s EUA to Boost Doses
- NESN SW : Nestle Plans More Acquisitions in Coming Years, CEO Tells FuW
- OSE FP : OSE Immunotherapeutics Covid Vaccine Trial Gets Belgian Approval
- PSH NA : Pershing Square Holdings March Net Performance +0.6%
- PXD US : Pioneer to Buy DoublePoint for $6.4 Billion Amid Permian Push
- PAH3 GY : Porsche Rises as Goldman Sets Street-High PT With 40% Upside
- SON PL : Sonae Unit SFS Signs Partnership Agreement With Banco CTT
- STLA US : FCA US: 5% Increase in 1Q U.S. Total Sales
- STLA IM : Honda to Restart Production at North American Plants Next Week
- SXS LN : Spectris Buys Concurrent Real-Time for $166.7m in Cash
- TGYM IM : Peloton Completes Precor Acquisition
- UAL US : United Airlines Will Soon Begin Hiring Hundreds of Pilots: CNBC