Australia stocks hit record high, most other Asia-Pacific markets set to decline

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

All eyes are now on Australia’s retail sales data for the month of February.

Australia stocks hit a record high Thursday, while most other Asia-Pacific markets looked set to fall even though Wall Street rallied and the S&P 500 closed at another record high.

All eyes are now on Australia's retail sales data for the month of February, which a Reuters poll expects will rise 0.4%.is also set to open slightly lower, with the futures contract in Chicago at 40,530 and its counterpart in Osaka at 40,380 against the index's last close of 40,762.73.

The Wall Street bank sees three major memory makers as prime beneficiaries of the booming HBM market. Investors can buy three stocks through concentrated exchange-traded funds or diversified funds.

 

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:

 /  🏆 545. 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.

Goldman Sachs Refreshes Top Picks in Asia PacificGoldman Sachs has updated its "conviction list" of top picks in Asia Pacific for March, adding and removing key stocks. The bank remains optimistic about the region's markets, which have recovered from January losses and are now trading flat year to date. Earnings and valuations are expected to drive share performance.
Source: CNBC - 🏆 12. / 72 Read more »

Asia-Pacific markets rise ahead of central bank meetings this week; China data on tapThe U.S. Federal Reserve will start its March FOMC meeting on Tuesday, while the BOJ and RBA will also be holding monetary policy meetings this week.
Source: nbcchicago - 🏆 545. / 51 Read more »

Nikkei 225 Leads Gains in Asia-Pacific Markets Ahead of Central Bank MeetingsThe U.S. Federal Reserve will start its March FOMC meeting on Tuesday, while the BOJ and RBA will also be holding monetary policy meetings this week.
Source: NBCLA - 🏆 319. / 59 Read more »