Asia Stocks Look Mixed After New Wall Street Highs: Markets Wrap
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Asian shares are poised for a mixed opening after Wall Street stocks saw small gains to close at fresh records as traders shrug off warnings the market has run too far, too fast.
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Published Jan 22, 2024 • 6 minute read
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(Bloomberg) — Asian shares are poised for a mixed opening after Wall Street stocks saw small gains to close at fresh records as traders shrug off warnings the market has run too far, too fast.
Futures show equities in Tokyo and Sydney will start trading relatively flat on Tuesday, while Hong Kong shares could rise about 1% after Chinese Premier Li Qiang flagged more “forceful” measures to stabilize his country’s slumping stock market. Such concerns are in contrast to the US, where investors are weighing strong economic signals and prospects for corporate profits.
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Bloomberg News
2024-01-22 17:53:16
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