Reported 29 days ago
Asian markets showed volatility amid anticipation of U.S. corporate earnings and economic data. The Nasdaq reached a new high, buoyed by strong performances from major tech firms like Alphabet, while the S&P 500 slightly gained. However, Advanced Micro Devices faced a decline in stock value due to disappointing forecasts. Job openings in the U.S. dropped, contradicting earlier reports of a resilient labor market, leading traders to reassess expectations for potential Fed rate cuts. Meanwhile, various companies reported mixed earnings results, impacting market confidence.
Source: YAHOO