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Tag: asian stocks

Asian stocks seek new direction after weak US data

Asian stocks seek new direction after weak US data

Asian stocks posted modest gains in early trading Wednesday as investors search for a clear direction amid weaker US consumer confidence and a late rally in US equities. Indexes rose in Sydney and Tokyo and futures pointed to slight gains for Hong Kong. The S&P 500 climbed 0.2% Tuesday after fluctuating for most of the…

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Asian stocks rise on China hopes, US futures slip

Asian shares climbed after China pledged more steps to revive consumption. US equity futures slid as Treasury Secretary Scott Bessent dismissed the market’s recent decline as healthy. Stocks rose in Australia, Japan and South Korea in early Monday trade, with futures in Hong Kong also pointing to a higher open. The gains came after the…

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