Dow Jones Rebound May Lead Hang Seng Higher, Netflix Earnings Miss
of clients are net short. Long
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of clients are net short. Long
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of clients are net short. Long
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DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:
Cyclical sectors outperformed defensive ones as viral concerns eased
Hong Kong’s Hang Seng Index may rebound after falling 0.84% on Tuesday
Dow Rebound, Netflix Earnings, Hang Seng Index, Asia-Pacific at Open:
Wall Street stocks rebounded sharply on Tuesday, erasing most of Monday’s losses as investors shrugged off viral concerns and refocused on the reflation trades. Cyclical-oriented industrials, financials and consumer discretionary were among the best performing sectors. The tech-heavy Nasdaq 100 gained 1.23%.
Wall Street stocks closed mixed after a holiday break, with the Russell 2000 outperforming large-cap indexes. ISM manufacturing PMI showed economic strength. Oil prices surged to a two-and-half yea.
Dow Jones, Hang Seng, Nikkei 225 Outlook: Will the Rally Carry on?
DOW JONES, HANG SENG, NIKKEI 225, ASIA-PACIFIC MARKET OUTLOOK:
Dow Jones futures edged lower after registering a small loss on Monday
Reflation trade appears to have taken a pause as markets anticipate new fiscal stimulus to come in mid-March
The Hang Seng Index surged 2.4% and scrapped the 30,000 mark, reaching a fresh 20-month high
Fiscal stimulus, Earnings, Southbound flow to HK, Asia-Pacific Stocks Outlook:
US markets were mixed overnight with healthcare (+0.76%), consumer staples (+0.74%) and information technology (+0.55%) sectors outperforming. The Dow Jones Industrial Average underperformed the S&P 500 and Nasdaq 100 indices, reflecting a cooling appetite for reflation trades as investors returned to tech and staples seeking for certainty. Senate Majority leader Chuck Schumer said that he is aiming to pass the new fiscal stimulus plan by mid-March, which may have disappointed investors who had anticipat
S&P 500 Hovers at Record High, Hang Seng and Nikkei 225 Eye Pullback
S&P 500, HANG SENG, NIKKEI 225, ASIA-PACIFIC MARKET OUTLOOK:
The S&P 500 index closed marginally higher as tech gained, but two thirds of the stocks fell
Asia-Pacific indices look set to pull back slightly from their recent highs
Southbound inflow in HK via stock connections fell for a second day, risking a pullback in the HSI
S&P 500, Hang Seng, Earnings, Asia-Pacific Stocks Outlook:
Asia-Pacific stocks look set to open broadly lower after Wall Street saw a mixed trading session. The S&P 500 index edged marginally higher, led by heavy-weight information technology (+1.32%), consumer discretionary (+0.55%) and communication services (+0.26%), while two thirds of its constituents finished lower. Investors are perhaps looking for fresh catalysts to support Wall Street’s record-breaking rally when stock market valuations are close to two-decade highs.