Asian markets on Monday extended last week’s rally as a solid US jobs report boosted optimism in the world’s top economy, fuelling a record close on Wall Street.
mercados y bolsas
market and exchange
Asian markets turned negative again on Monday as the fallout from Donald Trump’s steel and aluminium tariffs continues to feed concerns of a global trade war.
Superstitious Chinese investors rushed to buy stock in companies with “emperor” in their names Monday following the latest power boost for President Xi Jinping, who has been likened to a modern-day sovereign.
The US Commerce Department said Friday it recommended imposing tariffs on China, Russia and other countries to counter a global glut in steel and aluminum which it says threatens national security.
Equity markets rallied on Tuesday as a semblance of stability returned after last week’s turmoil, with traders taking their lead from strong gains in New York and Europe.
Asian markets mostly rose on Monday as investors cautiously edged back into buying after last week’s global rout, with confidence lifted by a rally on Wall Street but analysts warned of further volatility.
Asian trading floors were a sea of red once again on Friday as the global rout returned with a vengeance on intensifying fears about tighter US interest rates.
Tokyo and Hong Kong led a rebound across Asian markets on Wednesday as investor confidence returned after the previous day’s battering, with Wall Street providing a positive lead.
The dramatic fall in stock prices on Wall Street that has spooked equity markets around the world on Tuesday is making investors nervous that this could be the start of a new stock market crash.
Asian stocks plunged Tuesday after a record-breaking loss on Wall Street, extending a global rout as panicked investors fret over rising US borrowing costs and cash in profits after months of market euphoria.