US Market
Nasdaq Inc. will likely wait until there is greater regulatory clarity and institutional adoption around crypto exchanges before debuting plans to launch one of of its own, says Tal Cohen, the company’s executive vice president and head of North American markets.
Asian share markets slumped on Thursday and European stocks were poised for a lower open after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates due to concerns about persistent inflation.
U.S. stock futures rose sharply in premarket trading Monday, with investors showing hope about the economy’s ability to overcome the surge in Covid cases and focusing on progress from the nation’s automakers.
Shares in Asia-Pacific were mixed in Wednesday trade as investors assessed the impact of the omicron Covid variant.
Most Asian share markets edged higher on Friday and the safe-haven dollar was on the back foot, on signs the Omicron variant would not significantly derail global economic growth.
Stocks rose with U.S. equity futures Tuesday, signaling a rebound after Monday’s slump, as investors bet that vaccines can help tame the omicron virus outbreak. Treasuries fell.
U.S. stock futures were little changed in early morning trading on Wednesday as investors readied for Wednesday’s highly anticipated Federal Reserve decision.
U.S. equity-index futures gained on Wednesday along with stocks in Europe as traders assessed the latest news on the omicron variant and the Federal Reserve’s signals of stepped-up efforts to curb elevated inflation. Bonds declined.
Fresh concerns about the efficacy of existing vaccines against the omicron coronavirus strain pushed markets back into risk-off mode on Tuesday, with stocks in Europe dropping alongside U.S. equity futures. Bonds gained as investors sought havens.
U.S. and European equity futures climbed Monday along with crude oil and Treasury yields as investors tried to calibrate economic risks from the omicron coronavirus strain, bringing some calm back to markets.
