Asian shares advanced and U.S. long-dated bond yields edged up to a five-month high on Wednesday on rising optimism about the global economy and corporate earnings while the yen slipped to a four-year low on the dollar. Japan's Nikkei rose 0.8% while MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3%, led by 0.9% gains in Australia.
* All three major U.S. stock indexes end higher. * Oil, gold futures rise. * Dollar stumbles. By Caroline Valetkevitch. Stock indexes around the world jumped on Tuesday as U.S. technology shares extended recent gains and earnings reports were upbeat, while the 10-year U.S. Treasury yield rose to its highest in more than four months.
* U.S. stocks rise in late morning N.Y. trade. * Oil prices rise. * Dollar stumbles, yields stabilize. By Caroline Valetkevitch. Stock indexes around the world rose on Tuesday as U.S. technology shares extended recent gains and as earnings news was mostly upbeat, while the U.S. dollar weakened. U.S. Treasury yields appeared to stabilize, which reduced demand for the greenback.
* Dollar falls to three-week low. * Aussie, Kiwi, Norwegian crown gain. * Yuan boosted by easing property fears, higher yields. By Sujata Rao. The dollar retreated on Tuesday to a three-week low, hit by a proliferation in rate-hike bets in other markets, while the yuan surged to its highest in four months, benefiting from greenback weakness and a slight easing in property market concerns.
The dollar retreated on Tuesday to a three-week low, hit by a proliferation in rate-hike bets in other markets and by improved sentiment that lifted equities and risk-sensitive currencies such as the Australian dollar.
The safe-haven dollar slid to a three-week low versus major peers on Tuesday amid improved risk sentiment as Asian equities followed U.S. tech shares higher, and on signals China's property market woes will be contained. The risk-senstive Aussie dollar jumped, along with the Chinese yuan.
* S&P 500 ends higher with tech, growth names. * China 3rd-quarter GDP grows 4.9%, below expectations. * Dollar, oil slip. By Caroline Valetkevitch. Global stock indexes mostly rose on Monday following gains in U.S. mega-cap technology and other growth names, while five-year Treasury yields rose to their highest levels since early 2020.
* S&P 500 up slightly in early New York trading. * China 3rd-quarter GDP grows 4.9%, below expectations. * Dollar up slightly. By Caroline Valetkevitch. Equity indexes across the globe were near flat on Monday as data showed slower-than-expected growth in China's economy last quarter, while five-year Treasury yields rose to their highest levels since early 2020.
- The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.
- The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
