Asian shares rise in subdued holiday trading, as US futures jump

Global shares rise as U.S. futures gain amid subdued holiday trading - National

The U.S. has been hit with the threat of a worst-case scenario called “stagflation,” one where the economy stagnates yet inflation remains high.

Asian shares rise in subdued holiday trading, as US futures jump

Asian shares have advanced, with many markets in the region closed for holidays, after U.S. stocks stormed back from steep early losses to a seventh straight day of gains.

Global shares rise as U.S. futures gain amid subdued holiday trading - National #CDNNews #Canadian #CanadianBusiness #CDNEcon #Economy

Global shares rose Thursday in limited trading, with many markets closed for May Day, or international Labour Day holidays. Britain’s FTSE 100 inched up less than 0.1 per cent in early trading to 8,496.53. The future for the S&P 500 jumped 1.5 per cent, while that for the Dow Jones Industrial Average gained 0.7 per cent. Tokyo’s benchmark Nikkei 225 rose 1.1 per cent to finish at 36,452.30. As expected, the Bank of Japan decided to keep its benc…

Labor Day (or Labor Day in other countries) is an international holiday and leads to the closing of stock market trading in some markets around the world. Even so, there are normal operations in some countries this Thursday (1st). In Asia and the Pacific, we had negotiations in Japan and Australia. The main stock indices in Tokyo and Sydney closed at 1.13% and 0.24%, respectively. At the moment, attention is focused on operations in the United S…

In the Asia-Pacific region, the stock exchanges in Japan and Australia increased on Thursday. In China, Hong Kong, Korea and India, the stock exchanges were closed on May 1st.

Asia-Pacific markets rise in thin holiday trade after BOJ stands pat, U.S futures rise amid robust earnings from two major tech giants

While most Asian stock markets were closed on Thursday, Japanese shares bucked the trend, rising after the Bank of Japan maintained its interest rates as widely predicted. Trading volumes were very thin as major markets, including China, Hong Kong, South Korea, Singapore, and others, were all closed...