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Treasuries and the dollar were steady.
By Emily Barrett, Bloomberg
30 Apr 2021 08:57
Image: Akio Kon/Bloomberg
Asian stocks retreated Friday as Chinaâs antitrust crackdown weighed on technology firms, while US equity futures fell after another record on Wall Street overnight.
Hong Kong led regional losses and an Asia-Pacific stock gauge headed for its first drop in three days. Chinese regulators imposed wide-ranging restrictions on the financial divisions of 13 companies, including Tencent Holdings and ByteDance, in a broadening effort to rein in the giants of the tech industry.
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U.S. index futures slumped on the final trading day of April, dragged lower alongside European and Asian markets, despite stellar economic data and blockbuster earnings as traders took a month-end breather amid a record high for the S&P 500 Index and some earnings disappointments. The dollar pared April losses, and the VIX jumped.
Russell 2000 futures tumbled 1.1% and Nasdaq 100 futures dropped 0.8% after China’s antitrust crackdown weighed on Asian technology shares.
Twitter plunged 13% in premarket trading after forecasting second-quarter revenue below some expectations, while Amazon s blockbuster earnings helped push the stock to all time highs, although gains were trimmed in the premarket.
Stocks dropped from a record as traders assessed corporate earnings, economic data showing potential inflation pressures and hawkish remarks from a Federal Reserve official. The dollar climbed.
The S&P 500 trimmed its biggest monthly advance since November, with energy and technology shares leading losses on Friday. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business. Despite living up to Wall Streetâs profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.
Signs of excess risk taking in markets show itâs time to start debating a reduction in bond purchases, said Robert Kaplan, president of the Dallas Fed, breaking ranks with Chairman Jerome Powell. Data showed personal incomes soared in March by the most in monthly records back to 1946, powered by fiscal stimulus. A key measure of consumer prices that the Fed officially uses for its target had the biggest
Royal Wins Corporation is pleased to announce that the Company has been receipted by the Ontario Securities Commission (“OSC”) for the filing of a preliminary non-offering prospectus.
Royal Wins Corporation (“
Royal Wins” or the “
OSC“) for the filing of a preliminary non-offering prospectus.
The prospectus is filed in accordance with the provisions of the
Canadian National Instrument 41-101 – General Prospectus Requirements to qualify the distribution of the Company’s common shares in Canada. No New securities are being offered with the filing of the prospectus.
Royal Wins intends to apply to list its common shares on the Canadian Securities Exchange (the “