NEW YORK - Leading large tech companies enjoyed a strong session Monday, lifting the Nasdaq ahead of US retail sales data and earnings from large shopping chains later in the week.
“US stocks are rebounding as some traders decide to buy the two-week dip despite rising fears over China’s property market,” said Oanda’s Edward Moya.
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:
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 shares struggle to shake off China bluesSYDNEY : Asian shares struggled on Monday ahead of China data that is likely to amplify the case for serious stimulus even as Beijing seems deaf to the calls, while rising Treasury yields pressured sky-high valuations on tech stocks and underpinned the dollar. Geopolitics was an added worry after a Russia
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Country Garden shares plunge after trading on 11 onshore bonds haltedHONG KONG : Shares of China's Country Garden plunged more than 12 per cent on Monday morning after the real estate company suspended trading in 11 of its onshore bonds from Monday.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Country Garden shares slump to record low after onshore bond trading haltedHONG KONG :Shares of China's Country Garden plunged more than 12 per cent on Monday morning after the real estate company suspended trading in 11 of its onshore bonds from Monday.The stock hit a new low of HK$0.86, following reports on Friday the company was heading for a debt restructuring that added to conc
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Rakuten shares jump as mobile losses narrowTOKYO : Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances that it can cover its debt burden for the next financial year.Shares jumped as much as 5.2 per cent when markets opened, hitting 596.9
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Country Garden shares slump to record low after onshore bond trading haltedMarkets are jittery as more developers default on bond payments amid no signs of stronger support measures from Beijing. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »