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
Ardbeg:
Ardbeg prides itself on being The Ultimate Islay Malt Whisky. Established in 1815, Ardbeg is revered by connoisseurs around the world as the peatiest, smokiest and most complex of all the Islay malts. Despite its smokiness, Ardbeg is renowned for its delicious sweetness, a phenomenon that has affectionately become known as ‘the peaty paradox’. During the 1980s and 1990s, Ardbeg suffered from an uncertain future and it was not until the brand was purchased by The Glenmorangie Company in 1997 that the Distillery was saved from extinction. Since then, the Distillery has risen like a phoenix and today Ardbeg is well established as a niche, cult malt, with a passionate following.
In Pics: With Elon Musk at top, here are world s richest persons in 2021
The Bloomberg Billionaires Index provides a daily list of the worldâs richest people, with its figures getting updated at the close of trading day.
DNA Web Team
Jan 8, 2021, 02:50 PM IST
Elon Musk made news as he overtook Amazon s Jeff Bezos to become the richest person in the world on Thursday (January 7). Musk, who is known as the person behind Tesla and SpaceX, reached the top position on the Bloomberg Billionaires Index for the first time.
The Bloomberg Billionaires Index provides a daily list ranking the world’s richest people. It further provides details about the calculations of the worth of each billionaire on their profile pages. The index updates the figures at the close of every trading day in New York.