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Yesterday’s selloff in North America continued through Asia Pacific trading overnight where the Nikkei lost 1.7% and the Hang Seng fell 1.3%. Index action has stabilized in Europe where the Dax is up 0.5% and the FTSE is down 0.1%.
Having quickly adapted to growing financial risks at China’s Evergrande, the selling pressure which enveloped world markets has eased somewhat as investors wait for the next shoes to drop. Tonight, the Peoples Bank of China and the Bank of Japan
Weekend business news has been dominated by financial problems at Evergrande, one of China’s largest real estate companies, who is struggling with over $300 billion in debt and appears close to missing an interest payment. Fears that this could potentially
Stock markets in Europe and North America continue to bounce back from recent weakness this morning. The Dax and FTSE are up 1.0% and 0.9% respectively, while US index futures are up with gains varying between 0.1% for NASDAQ futures
US index futures are holding steady this morning heading into a big day for business news across a number for fronts. Tonight, US President Biden is scheduled to outline a $1.8 Trillion “human infrastructure” plan of new spending and tax
US index futures are holding steady this morning, consolidating yesterday’s gains which saw the S&P 500 and the NASDAQ Composite close at new all-time highs. European indices are down slightly with the Dax falling 0.4% and the FTSE slipping 0.2%.
US index futures are down 0.2%-0.5% this morning in what appears to be normal consolidation following Friday’s gains of 0.1% to 0.5% that drove the Dow and the S&P 500 to new daily and weekly closing highs. Economic and earnings
After starting the week and month off strong with gains of 2.0% to 3.0%, US index futures are flat this morning while investors digest yesterday’s news and market action. Overseas bourses are mixed with the Dax up 0.5% and the
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