Asia stocks track Wall Street rally as treasury yields retreat

HONG KONG : Asian shares rallied on Thursday after blockbuster results from tech darling Nvidia boosted Wall Street and a retreat in U.S. bond yields eased pressure on borrowing costs globally. A round of soft surveys on manufacturing had also revived hopes central banks were done tightening, though that might change depending on what clues about interest rates Federal Reserve Chairman Jerome Powell gives…

https://worldnewslivetv.com/business/asia-stocks-track-wall-street-rally-as-treasury-yields-retreat/

Reply to this note

Please Login to reply.

Discussion

No replies yet.