Asian Markets React to U.S. Fed's Rate Outlook Amid Earnings Season

Reported about 1 month ago

Asian stocks experienced fluctuations with big tech leading in late trading as Tesla's earnings exceeded expectations, triggering a 9% surge. Bond yields rose as investors anticipated the Federal Reserve's measured approach to interest rate cuts, alongside concerns over market volatility due to an upcoming U.S. election. Wall Street showed signs of recovery after a recent selloff, although analysts warn about potential risks and the fragility of equity markets ahead of significant financial reports.

Source: YAHOO

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