Nikada Asia-Pacific equity market rise as Nikkei hits new all-time high and tracking mixed session on Wall Street, with a keen focus on upcoming inflation data and earnings season. Japan (NKY:IND) +1.96%. The Nikkei 225 Index hit new all-time highs as enthusiasm over artificial intelligence and related technologies, as wellContinue Reading
Pixelbizz/iStock Editorial via Getty Images Shares of ASML Holdings (NASDAQ:ASML) hit an all-time high of over $1000 and €1000 across both the exchanges where it trades, seemingly benefiting from optimism around its key customer, Taiwan Semiconductor (NYSE:TSM). The semiconductor equipment maker’s shares are up around 7% in trading so farContinue Reading
hxdbzxy/iStock via Getty Images The S&P 500 communication services sector has witnessed strong growth this year, driven by positive earnings and enthusiasm over the promise of artificial intelligence. Communication services (SP500-50) emerged as the second-best performing segment among the 11 S&P 500 sectors, gaining 26% in the first half ofContinue Reading
Asia-Pacific Images Studio Asia-Pacific equity markets mostly advance on Thursday as market participants assessed business activity data in Hong Kong and trade figures in Australia, which both missed expectations; and taking cues from a strong lead on Wall Street. Japan (NKY:IND) +0.89%. The Nikkei 225 Index rose 0.3% to aroundContinue Reading
Wall Street’s benchmark S&P 500 (SP500) gauge on Wednesday scaled a new intraday all-time high, after fresh economic data supported a scenario where the Federal Reserve would be able to start easing monetary policy. Traders will see a truncated session ahead of the Independence Day holiday, with equity and bondContinue Reading
Nikada/E+ via Getty Images China’s economic woes, centered around a protracted crisis in the property market, have created an impression that weak real activity will show up in softer imports of key commodities. The reality, however, turned out to be the opposite, with the country now a key driver ofContinue Reading
SeventyFour/iStock via Getty Images KLA Corp. (NASDAQ:KLAC) and Applied Materials (NASDAQ:AMAT) are Wells Fargo’s favorite semiconductor equipment stocks, even as the broader sector hits all-time highs, resulting in another “tough” earnings set up. “We [continue] to prefer KLA & AMAT; high bookings expects leave us to wait for post EPSContinue Reading
