Stocks rose along with U.S. equity futures Thursday, bolstered by progress on the debt-ceiling impasse in Washington and a rebound in Chinese technology shares. Treasuries dipped as traders await key jobs data.
MSCI Inc.’s index of Asia-Pacific stocks was on track for its biggest gain since Aug. 31. Hong Kong jumped as a technology gaugebounced from a record low. U.S. and European futures rose after the S&P 500 and Nasdaq 100 swung higher on a possible deal to boost the debt ceiling into December.
Russia’s offer to ease Europe’s energy crunch and President Joe Biden plans to meet virtually with Chinese President Xi Jinping also aided sentiment, as did the European Central Bank’s study of a new bond-buying program to prevent any market turmoil when emergency purchases get phased out.
The yield on the U.S. 10-year Treasury note edged up and the dollar was steady. Investors are continuing to weigh the economic recovery against inflation risks from a jump in energy costs. A robust U.S. nonfarm payrolls report Friday could cement predictions of a reduction in Federal Reserve stimulus starting next month.
Crude oil retreated from a seven-year high partly in the wake of growing U.S. inventories. In cryptocurrencies, Bitcoin fluctuated between $54,000 and $55,000. Chinese markets are shut for a holiday and reopen on Friday.
US After Hours RGP +5% rises on earnings while OSMT -23% falls on public offering
Nikkei +0.79% Hang Seng +2.55% CSI +0.67% Shanghai +0.90% Shenzen +2.04%
Eur$ 1.1552 CNH 6.4566 CNY 6.4448 JPY 111.45 GBP 1.3574 CHF 0.9281 RUB 72.4282 TRY 8.8744 WTI476.71 -0.945 Gold 1,757 -0.32% BTC 54,700 -0.45% ETH 3,540 -0.65%
S&P +0.47% Nasdaq +0.65% EuroStoxx +1.28% FTSE +1% Dax +1.23% SMI +0.89%
Macro :
- Schumer Says Hope to Have An Agreement in the Morning
Keep an eye on :
- ADJ GY : Adler Says No Default on Notes Occured, Refutes Viceroy Report
Macro :
- Schumer Says Hope to Have An Agreement in the Morning
Keep an eye on :
- ADJ GY : Adler Says No Default on Notes Occured, Refutes Viceroy Report
- ASR IM : Italy’s AS Roma Appoints Berardi Corporate CEO as Fienga Quits
- BP/ LN : BP Buys NYC Startup That Turns Skyscrapers Into Power Plants
- BVHN SW : Skan Plans IPO on SIX Swiss Exchange in 4Q
- CLASB SS : Clas Ohlson Sept. Sales +6%
- DWNI GY : Davidson Kempner Pulls Deutsche Wohnen Injunction: Handelsblatt
- DWNI GY : Davidson Kempner Pulls Deutsche Wohnen Injunction: Handelsblatt
- ELIS FP : Elis Agrees to Buy Blesk Incare’s Textile Activity in Russia
- ENGI FP : Engie Well on Track to Complete Equans Sale in 2022: Figaro
- EUCAR FP : Avis Rally Creates Record Gap Between Stock and Analyst Targets
- GSK LN : WHO Approves First Malaria Vaccine, Made by Glaxo: NYT
- JTC LN : JTC Proposes Placing Shares to Raise as Much as GBP80 Million
- M US : Activist Jana Calls for Macy’s to Spin Off E-Commerce Unit
- NDX1 GY : Nordex Gets Order From Ukraine for 10 N149/5.X Turbines
- PEXIP NO : Pexip Adds $7.1m in Annual Recurring Revenue in Third Quarter
- SAN FP : Sanofi: Positive Results on Influenza Vaccine W/ COVID-19 Boost
- SU FP : Emerson-Aspen Technology Tie Accelerates Digital Strategy: React
- SIKA SW : Sika Reiterates FY Guidance, Confirms 2023 Targets
- TERB BB : Ter Beke Intends to Buy Sigma Ops in Belgium, Netherlands
- VNA GY : Vonovia Gets More Than 60% of Deutsche Wohnen Voting Rights