From Bloomberg · · 40s
Asian Stocks Rise as Tech Lifts US Equities
Tech-driven US markets surge as Asian stocks climb.
In brief
Tech-driven US markets surge as Asian stocks climb. Asian stocks climbed as tech stocks lifted US equities markets. Originally reported by Bloomberg.
Geopolitical Risks
Heightened geopolitical worries sent stocks lower while extending a surge in oil and keeping a lid on bonds amid perceived inflation risks.
S&P 500 Decline
The S&P 500 fell after a rebound from a tech-fueled selloff.
Walmart Sales
Walmart Inc. slid on a conservative outlook, but the giant retailer’s comparable sales in the US beat expectations.
Crude Oil Surge
Crude hit the highest since August.
Treasuries Stable
Treasuries barely budged.
Dollar Strength
The dollar rose.
What matters most
Asian stocks climbed as tech stocks lifted US equities markets.
