2024-06-18 09:02:37

Global Markets Respond to Tech Rally and Policy Support Hopes Amid Economic Concerns

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European stock futures and Asian markets climb following a rally in US tech shares and hopes for policy support amidst economic concerns, including worries over global risks. The dollar strengthens, and gold rallies as investors seek safe-haven assets.

Amid a far-right surge in parliamentary elections, European markets face market weakness despite lower Treasury yields. Wall Street's record gains boost DAX expectations, while Hong Kong stocks advance on policy support hopes amidst disappointing Chinese economic data.

Market sentiment is influenced by central bank decisions signaling potential delays in the interest-rate easing cycle.

The Street
18. Juni 2024 um 10:13

Stock Market Today: Stock slide after record week powered by big tech - TheStreet Daily Newsletter

Finance
Technology
Economy
U.S. equity futures decline after a week-long rally, driven by big tech gains, especially Apple, adding $320 billion to its market cap. Market weakness seen despite lower Treasury yields and softer inflation data. Nasdaq called lower, while Tesla shares rise on key shareholder votes. European markets affected by far-right surge in parliamentary elections.
Yahoo Finance
17. Juni 2024 um 18:58

Asian Stocks Drop on Worries Over Global Risks: Markets Wrap

Finance
Economy
Politics
Asian stocks dropped in early trading due to concerns over a political crisis in France impacting global markets. Central bank decisions this week may signal delays in the interest-rate easing cycle. Gold rallied, and French bond futures dropped as risk sentiment turned sour.
Business - South China Morning Post
18. Juni 2024 um 02:55

Hong Kong stocks advance amid policy support hopes after China data disappoints | South China Morning Post

Finance
Economy
Politics
Hong Kong stocks advanced as investors hoped for increased policy support from Beijing amid weak Chinese economic data and trade tensions with the EU. The Hang Seng Index and the Hang Seng Tech Index both rose, while the Shanghai Composite Index also saw gains. Market experts predict that the People’s Bank of China may introduce more support measures in the second half of 2024.
Tagesschau - Wirtschaft und Börsen-Nachrichten
18. Juni 2024 um 20:14

Course gains expected Wall Street records likely to boost DAX

Economy
Finance
The DAX will benefit from the strong US cues and continue its recovery at the opening of trading. Wall Street once again recorded records, especially the shares of technology companies were in demand. The Asian markets also reacted positively to the developments in the USA.
CW

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