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Asia shares subdued by tech retreat, U S futures steady

ChinaAsia shares subdued by tech retreat, U.S. futures steady Wayne Cole 1/2 A man walks past a stock quotation board at a brokerage in Tokyo, Japan February 26, 2021. REUTERS/Kim Kyung-Hoon Read More Asian shares were trying to avoid a fourth straight session of falls on Wednesday as U.S. stock futures steadied in the wake of a pullback in large-cap tech darlings. Holidays in Japan, China and South Korea helped cushion markets, leaving MSCI s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) up 0.1%. Japan s Nikkei (.N225) was shut, but futures recouped early losses to stand at 28,850 compared to the last cash close of 28,812.

Asia shares subdued by tech retreat, U S futures steady - Netscape Money & Business

Asia shares subdued by tech retreat, U.S. futures steady By Wayne Cole Reuters SYDNEY (Reuters) - Asian shares were trying to avoid a fourth straight session of falls on Wednesday as U.S. stock futures steadied in the wake of a pullback in large-cap tech darlings. Holidays in Japan, China and South Korea helped cushion markets, leaving MSCI s broadest index of Asia-Pacific shares outside Japan up 0.1%. Japan s Nikkei was shut, but futures recouped early losses to stand at 28,850 compared to the last cash close of 28,812. India s Nifty 50 started up 0.7% ahead of a speech by the country s central bank governor, which might include policy changes to support the pandemic-stricken economy.

Europe leads stock market recovery on firmer business growth - Netscape Money & Business

Europe leads stock market recovery on firmer business growth By Tom Arnold and Wayne Cole Reuters LONDON/SYDNEY (Reuters) - Global shares edged up on Wednesday as U.S. stock futures steadied after a pullback in tech darlings while European markets were buoyed by accelerating business activity and positive earnings. The Euro STOXX index added 1.3%, heading for its best day in nearly two months, helped by data showing euro zone business activity quickened last month, while the services industry returned to growth. Top performers included Germany s Rational and Merck after well-received numbers. The MSCI world equity index, which tracks shares in 49 countries, was trading 0.1% higher after a sell-off on Tuesday from near record highs.

Europe leads stock market recovery on firmer business growth

NASDAQ futures edge up after selloff in high caps Dollar hits highest in over two weeks Oil at near 7-wk high LONDON/SYDNEY, May 5 (Reuters) - Global shares edged up on Wednesday as U.S. stock futures steadied after a pullback in tech darlings while European markets were buoyed by accelerating business activity and positive earnings. The Euro STOXX index added 1.3%, heading for its best day in nearly two months, helped by data showing euro zone business activity quickened last month, while the services industry returned to growth. Top performers included Germany’s Rational and Merck after well-received numbers. The MSCI world equity index, which tracks shares in 49 countries, was trading 0.1% higher after a sell-off on Tuesday from near record highs.

GLOBAL MARKETS-Asia shares subdued by tech retreat, U S futures steady

GLOBAL MARKETS-Asia shares subdued by tech retreat, U.S. futures steady Reuters 2 hrs ago Popular Searches NASDAQ futures edge up after selloff in high caps Dollar holds gains on risk of higher U.S. rates Oil at 7-wk high as more countries open borders to travel By Wayne Cole SYDNEY, May 5 (Reuters) - Asian shares were trying to avoid a fourth straight session of falls on Wednesday as U.S. stock futures steadied in the wake of a pullback in large-cap tech darlings. Holidays in Japan, China and South Korea helped cushion markets, leaving MSCI s broadest index of Asia-Pacific shares outside Japan up 0.1%.

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