Oil, stocks poised to gain in Asia on economic growth hopes

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring ...

Global stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring back growth and demand for oil.

Gains in Brent in early Asia trade could extend the global benchmark's string of gains to seven straight sessions while West Texas Intermediate rallied for the sixth consecutive session. The Dow Jones Industrial Average rose 0.56per cent, the S&P 500 gained 0.90per cent, and the Nasdaq Composite added 1.13per cent.

The yield on benchmark 10-year notes rose on Tuesday to 0.66per cent from 0.63per cent late on Monday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks, oil sink as US-China tensions rise; STI down 2.4%SINGAPORE (REUTERS) - Asia shares, US stock futures and oil fell on Monday (May 4) as rising US-China tensions over the coronavirus - and growing unease at the gulf between asset prices and grim economic reality - turned investors cautious.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Asia: Stocks and oil rally as nations begin to slowly reopen[HONG KONG] Equities and crude rallied on Tuesday as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between the US and China that some fear could see them renew their trade war. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Tech-led Wall Street rebound set to lead Asia higherA late Wall Street rally is expected to lead Asian stocks higher on Tuesday after tech shares and oil rose on easing coronavirus restrictions and ... Can you feel the calmess of a gentle breeze? Beneath the trees, flowers in bloom. Can you hear the melody of falling water? Compliment of: WeChat ID: JerrylumSG
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »