Asia-Pacific markets trade mostly higher on Friday following an upbeat session on Wall Street overnight after U.S. President Donald Trump said he would push for lower interest rates and cheaper oil prices,
US stocks struggled on Friday to pick up on the recent rally as investors filtered through the latest batch of earnings and weighed Donald Trump's hints at a softer stance on China tariffs. President Trump's call at Davos for cuts to US interest rates,
Trump's call at Davos for cuts to US interest rates, oil prices, and taxes spurred investor optimism for his policies, buoying stocks this week. The major gauges ended the holiday-shortened week with gains, demonstrating the power of Trump's comments even as Wall Street questions his ability to execute the changes.
The soon-to-be 47th president, who will be sworn in on Monday, voiced interest in traveling to China within his first 100 days in office.
Trump has expressed interest in traveling to China in his first 100 days in office according to the Wall Street Journal.
Most Asian markets rise after Wall Street's AI-fuelled rally
Stock market today: Wall Street’s rally slows as S&P 500 drifts near its record
The S&P 500 was virtually unchanged in morning trading after pulling to the edge of its all-time high Wednesday following its sixth gain in seven days. The Dow Jones Industrial Average was up 87 points, or 0.2%, as of 10:40 a.m. Eastern time, and the Nasdaq composite was edging 0.3% lower.
Stocks climb to a record as the bond market stays calm
U.S. stocks rose to a record Thursday as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
In recent years, Chinese property developers have used unsold apartments to settle debts to construction companies and furniture suppliers. Now, Chinese local governments are following suit.
Intuitive Surgical delivered an earnings and sales beat for the quarter ended Dec. 31. Earnings of $2.21 a share and sales of $2.41 billion soundly topped forecasts for earnings o
President Trump's first week in office has brought a barrage of executive orders and tariff talk, but investors appear to be shrugging off the uncertainty. The Cboe Volatility Index, the widely followed fear gauge that trades under the ticker VIX,
U.S. President-elect Donald Trump has told advisers he wants to travel to China after he takes office, the Wall Street Journal reported on Saturday, quoting people familiar with the discussions.
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
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