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2021-03-09
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Asian stocks set to firm on global recovery prospects
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1615247948,"share":"https://ttm.financial/m/news/2118697468?lang=&edition=fundamental","pubTime":"2021-03-09 07:59","market":"us","language":"en","title":"Asian stocks set to firm on global recovery prospects","url":"https://stock-news.laohu8.com/highlight/detail?id=2118697468","media":"Reuters","summary":"Nikkei futures up 0.4%; Hang Seng futures up 0.7%\nS&P 500 stock futures up 0.5%\nDollar gains on euro","content":"<ul>\n <li>Nikkei futures up 0.4%; Hang Seng futures up 0.7%</li>\n <li>S&P 500 stock futures up 0.5%</li>\n <li>Dollar gains on euro, yen as U.S. yields race ahead</li>\n <li>Nasdaq falls 2.4%, confirming correction</li>\n <li>Banks, automakers lift European stocks</li>\n</ul>\n<p>NEW YORK, March 8 (Reuters) - Asian stocks were set for a strong open on Tuesday, helped mostly by global recovery prospects and the passage of a $1.9 U.S. trillion stimulus bill, shaking off a mixed Wall Street session after a big downturn in tech shares.</p>\n<p>U.S. Treasury Secretary Janet Yellen said on Monday that President Joe Biden's coronavirus aid package would provide enough resources to fuel a \"very strong\" U.S. economic recovery, and noted \"there are tools\" to deal with inflation.</p>\n<p>Despite the positive cues, investors remain conflicted over whether the stimulus will help global growth rebound faster from the COVID-19 downturn or cause the world's biggest economy to overheat and lead to runaway inflation.</p>\n<p>Although futures markets suggested a higher open across Asia, Michael McCarthy, chief markets strategist at CMC Markets, said there was still a lot of uncertainty.</p>\n<p>\"What's going to determine the results today is the balance between buying for the reflation trade and the selling of tech (stocks)\", he said. \"It's difficult to say what's going to be most influential given the spectacular gains across Europe compared to the big drop in the Nasdaq.\"</p>\n<p>The technology sector and other richly valued names have been highly susceptible to rising rates.</p>\n<p>Australia's benchmark S&P/ASX 200 index rose 0.92% in early trading.</p>\n<p>Japan's Nikkei 225 futures added 0.36% and Hong Kong's Hang Seng index futures rose 0.68%.</p>\n<p>E-mini futures for the S&P 500 rose 0.55%.</p>\n<p>On Wall Street, the Dow advanced while the Nasdaq shed over 2%. That marked a more than 10% fall since its Feb. 12 closing high, confirming a correction in the index's value.</p>\n<p>The Dow Jones Industrial Average rose 0.97%, the S&P 500 lost 0.54%, and the Nasdaq Composite dropped 2.41%.</p>\n<p>The pan-European STOXX 600 index .STOXX rose 2.10% and MSCI's gauge of stocks across the globe shed 0.02%.</p>\n<p>\"If rates are grinding higher because people are getting optimistic about what economic growth looks like, that is still supportive for equity prices,\" said Tom Hainlin, global investment strategist at U.S. Bank Wealth Management's Ascent Private Wealth Group in Minneapolis.</p>\n<p>U.S. treasury yields advanced as investors continued to price in higher inflation and more upbeat prospects for the U.S. economy as it emerges from the coronavirus pandemic.</p>\n<p>The benchmark 10-year yield rose to 1.6029%, from 1.594% late on Monday.</p>\n<p>U.S. economic data also pointed to a continued recovery, as the Commerce Department said wholesale inventories increased solidly in January despite a surge in sales, suggesting inventory investment could again contribute to growth in the first quarter.</p>\n<p>On foreign exchange markets, the dollar index hit a three-and-a-half month high, rising rose 0.523%, with the euro up 0.06% to $1.185.</p>\n<p>Oil prices settled lower, retreating from a session peak above $70 a barrel after attacks on oil facilities in Saudi Arabia lifted prices that high for the first time since the COVID-19 pandemic began.</p>\n<p>U.S. crude futures settled down $1.04, or 1.57%, at $65.05 per barrel. Brent crude futures settled at $68.24 per barrel, down $1.12 or 1.61%.</p>\n<p>Spot gold added 0.2% to $1,685.20 an ounce. U.S. gold futures % to $1,677.70 an ounce.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asian stocks set to firm on global recovery prospects</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsian stocks set to firm on global recovery prospects\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-09 07:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Nikkei futures up 0.4%; Hang Seng futures up 0.7%</li>\n <li>S&P 500 stock futures up 0.5%</li>\n <li>Dollar gains on euro, yen as U.S. yields race ahead</li>\n <li>Nasdaq falls 2.4%, confirming correction</li>\n <li>Banks, automakers lift European stocks</li>\n</ul>\n<p>NEW YORK, March 8 (Reuters) - Asian stocks were set for a strong open on Tuesday, helped mostly by global recovery prospects and the passage of a $1.9 U.S. trillion stimulus bill, shaking off a mixed Wall Street session after a big downturn in tech shares.</p>\n<p>U.S. Treasury Secretary Janet Yellen said on Monday that President Joe Biden's coronavirus aid package would provide enough resources to fuel a \"very strong\" U.S. economic recovery, and noted \"there are tools\" to deal with inflation.</p>\n<p>Despite the positive cues, investors remain conflicted over whether the stimulus will help global growth rebound faster from the COVID-19 downturn or cause the world's biggest economy to overheat and lead to runaway inflation.</p>\n<p>Although futures markets suggested a higher open across Asia, Michael McCarthy, chief markets strategist at CMC Markets, said there was still a lot of uncertainty.</p>\n<p>\"What's going to determine the results today is the balance between buying for the reflation trade and the selling of tech (stocks)\", he said. \"It's difficult to say what's going to be most influential given the spectacular gains across Europe compared to the big drop in the Nasdaq.\"</p>\n<p>The technology sector and other richly valued names have been highly susceptible to rising rates.</p>\n<p>Australia's benchmark S&P/ASX 200 index rose 0.92% in early trading.</p>\n<p>Japan's Nikkei 225 futures added 0.36% and Hong Kong's Hang Seng index futures rose 0.68%.</p>\n<p>E-mini futures for the S&P 500 rose 0.55%.</p>\n<p>On Wall Street, the Dow advanced while the Nasdaq shed over 2%. That marked a more than 10% fall since its Feb. 12 closing high, confirming a correction in the index's value.</p>\n<p>The Dow Jones Industrial Average rose 0.97%, the S&P 500 lost 0.54%, and the Nasdaq Composite dropped 2.41%.</p>\n<p>The pan-European STOXX 600 index .STOXX rose 2.10% and MSCI's gauge of stocks across the globe shed 0.02%.</p>\n<p>\"If rates are grinding higher because people are getting optimistic about what economic growth looks like, that is still supportive for equity prices,\" said Tom Hainlin, global investment strategist at U.S. Bank Wealth Management's Ascent Private Wealth Group in Minneapolis.</p>\n<p>U.S. treasury yields advanced as investors continued to price in higher inflation and more upbeat prospects for the U.S. economy as it emerges from the coronavirus pandemic.</p>\n<p>The benchmark 10-year yield rose to 1.6029%, from 1.594% late on Monday.</p>\n<p>U.S. economic data also pointed to a continued recovery, as the Commerce Department said wholesale inventories increased solidly in January despite a surge in sales, suggesting inventory investment could again contribute to growth in the first quarter.</p>\n<p>On foreign exchange markets, the dollar index hit a three-and-a-half month high, rising rose 0.523%, with the euro up 0.06% to $1.185.</p>\n<p>Oil prices settled lower, retreating from a session peak above $70 a barrel after attacks on oil facilities in Saudi Arabia lifted prices that high for the first time since the COVID-19 pandemic began.</p>\n<p>U.S. crude futures settled down $1.04, or 1.57%, at $65.05 per barrel. Brent crude futures settled at $68.24 per barrel, down $1.12 or 1.61%.</p>\n<p>Spot gold added 0.2% to $1,685.20 an ounce. U.S. gold futures % to $1,677.70 an ounce.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","QID":"纳指两倍做空ETF","GLD":"SPDR黄金ETF","DWT":"三倍做空原油ETN","SDOW":"道指三倍做空ETF-ProShares","DUG":"二倍做空石油与天然气ETF(ProShares)","DDM":"道指两倍做多ETF","EUO":"欧元ETF-ProShares两倍做空","SDS":"两倍做空标普500ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","QQQ":"纳指100ETF","SCO":"二倍做空彭博原油指数ETF","DOG":"道指反向ETF","USO":"美国原油ETF","FXE":"欧元做多ETF-CurrencyShares","YCS":"日元ETF-ProShares两倍做空","QLD":"纳指两倍做多ETF","GDX":"黄金矿业ETF-VanEck","PSQ":"纳指反向ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","UCO":"二倍做多彭博原油ETF","SQQQ":"纳指三倍做空ETF",".DJI":"道琼斯","IVV":"标普500指数ETF","DUST":"二倍做空黄金矿业指数ETF-Direxion","FXY":"日元ETF-CurrencyShares","IAU":"黄金信托ETF(iShares)",".IXIC":"NASDAQ Composite","FXB":"英镑ETF-CurrencyShares",".SPX":"S&P 500 Index","OEX":"标普100","OEF":"标普100指数ETF-iShares","TQQQ":"纳指三倍做多ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2118697468","content_text":"Nikkei futures up 0.4%; Hang Seng futures up 0.7%\nS&P 500 stock futures up 0.5%\nDollar gains on euro, yen as U.S. yields race ahead\nNasdaq falls 2.4%, confirming correction\nBanks, automakers lift European stocks\n\nNEW YORK, March 8 (Reuters) - Asian stocks were set for a strong open on Tuesday, helped mostly by global recovery prospects and the passage of a $1.9 U.S. trillion stimulus bill, shaking off a mixed Wall Street session after a big downturn in tech shares.\nU.S. Treasury Secretary Janet Yellen said on Monday that President Joe Biden's coronavirus aid package would provide enough resources to fuel a \"very strong\" U.S. economic recovery, and noted \"there are tools\" to deal with inflation.\nDespite the positive cues, investors remain conflicted over whether the stimulus will help global growth rebound faster from the COVID-19 downturn or cause the world's biggest economy to overheat and lead to runaway inflation.\nAlthough futures markets suggested a higher open across Asia, Michael McCarthy, chief markets strategist at CMC Markets, said there was still a lot of uncertainty.\n\"What's going to determine the results today is the balance between buying for the reflation trade and the selling of tech (stocks)\", he said. \"It's difficult to say what's going to be most influential given the spectacular gains across Europe compared to the big drop in the Nasdaq.\"\nThe technology sector and other richly valued names have been highly susceptible to rising rates.\nAustralia's benchmark S&P/ASX 200 index rose 0.92% in early trading.\nJapan's Nikkei 225 futures added 0.36% and Hong Kong's Hang Seng index futures rose 0.68%.\nE-mini futures for the S&P 500 rose 0.55%.\nOn Wall Street, the Dow advanced while the Nasdaq shed over 2%. That marked a more than 10% fall since its Feb. 12 closing high, confirming a correction in the index's value.\nThe Dow Jones Industrial Average rose 0.97%, the S&P 500 lost 0.54%, and the Nasdaq Composite dropped 2.41%.\nThe pan-European STOXX 600 index .STOXX rose 2.10% and MSCI's gauge of stocks across the globe shed 0.02%.\n\"If rates are grinding higher because people are getting optimistic about what economic growth looks like, that is still supportive for equity prices,\" said Tom Hainlin, global investment strategist at U.S. Bank Wealth Management's Ascent Private Wealth Group in Minneapolis.\nU.S. treasury yields advanced as investors continued to price in higher inflation and more upbeat prospects for the U.S. economy as it emerges from the coronavirus pandemic.\nThe benchmark 10-year yield rose to 1.6029%, from 1.594% late on Monday.\nU.S. economic data also pointed to a continued recovery, as the Commerce Department said wholesale inventories increased solidly in January despite a surge in sales, suggesting inventory investment could again contribute to growth in the first quarter.\nOn foreign exchange markets, the dollar index hit a three-and-a-half month high, rising rose 0.523%, with the euro up 0.06% to $1.185.\nOil prices settled lower, retreating from a session peak above $70 a barrel after attacks on oil facilities in Saudi Arabia lifted prices that high for the first time since the COVID-19 pandemic began.\nU.S. crude futures settled down $1.04, or 1.57%, at $65.05 per barrel. Brent crude futures settled at $68.24 per barrel, down $1.12 or 1.61%.\nSpot gold added 0.2% to $1,685.20 an ounce. 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