U.S. Stocks Up In Positive Territory, Look Set To Close On Firm Note

RTTNews | 868日前

(RTTNews) - U.S. stocks are up in positive territory Monday afternoon, recovering well after last week's losses, as investors indulge in some bargain hunting ahead of some crucial data, including reports on consumer and producer price inflation.

The major averages are all up in positive territory, with the Nasdaq underperforming.

The Dow is up 399.62 points or 1.14 percent at 35,464.78. The S&P 500 is advancing 34.03 points or 0.76 percent at 4,512.06, while the Nasdaq is up 49.19 points or 0.35 percent at 13,958.43.

Amgen is rising nearly 4 percent. Boeing is climbing 3 percent, while United Health, J&J, Walmart, Caterpillar and IBM are gaining 1.5 to 2.1 percent.

Travelers Companies, McDonald, Visa, P&G, American Express and Coca-Cola are up 0.9 to 1.4 percent.

Berkshire Hathaway shares are up more than 3.5 percent after the company reported record quarterly operating profit.

Apple is down more than 2 percent, continued to be weighed down by the drop in revenues in the latest quarter. The company's earnings, however, beat analyst estimates. Verizon is lower by about 0.9 percent.

In overseas trading, Asian stocks ended flat to slightly lower on Monday as the dollar regained traction and Treasury yields climbed ahead of key inflation readings from China and the United States due this week.

Focus was also on earnings reports from some of the largest firms in Asia, with Chinese e-commerce giant Alibaba Group Holding, Japanese tech giants Sony Corp., SoftBank Group and Australian lender Commonwealth Bank of Australia set to unveil their financial results this week.

The major European markets ended flat on Monday after spending much of the day's session in negative territory amid concerns about the outlook for global economic growth, ahead of China's trade and inflation data, and the report on U.S. inflation.

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.

RTTNews | 1時11分前

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has moved higher in back-to-back sessions, collecting more than 680 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just beneath the 28,150-point plateau and it figures to open to the upside again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 1時31分前

Singapore Bourse May Extend Monday's Gains

The Singapore stock market on Monday wrote a finish to the four-day losing streak in which it had slipped more than 20 points or 0.4 percent. The Straits Times Index now sits just above the 4,610-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | 2時1分前

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 2時31分前

Japan Stock Market May Add To Its Winnings On Tuesday

The Japanese stock market has finished higher in two consecutive trading days, soaring more than 1,400 points or 2.7 percent along the way. The Nikkei 225 now sits just above the 50,400-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead. The Nikkei finished sharply higher on Monday following gains from the financial shares, technology stocks and automobile producers. For the day, the index jumped 895.18 points or 1.81 percent to finish at 50,402.39 after trading between 49,982.20 and 50,590.88. Among the actives, Nissan Motor improved 0.75 percent, while Mazda Motor accelerated 4.34 percent, Toyota Motor advanced 0.91 percent, Honda Motor strengthened 1.61 percent, Softbank Group soared 4.09 percent, Mitsubishi UFJ Financial jumped 1.86 percent, Mizuho Financial vaulted 1.40 percent, Mitsubishi Electric rallied 1.74 percent, Panasonic Holdings spiked 3.47 percent and Hitachi expanded 1.89 percent.

RTTNews | 2時46分前

Additional Support Called For South Korea Shares

The South Korea stock market has moved higher in two straight sessions, advancing more than 110 points or 2.7 percent along the way. The KOSPI now sits just above the 4,100-point plateau and it may add to its winnings on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | 3時1分前

RBA Minutes Due On Tuesday

The Reserve Bank of Australia will on Tuesday release the minutes from its Dec. 8 monetary policy meeting, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 3時31分前

Swiss Markets Ends Marginally Down

The Swiss market ended slightly down on Monday after languishing in negative territory righ through the day's trading session, as traders largely stayed on the sidelines ahead of Christmas holidays.

RTTNews | 7時6分前

EURUSD	1.17679	GBPUSD	1.34714	AUDUSD	0.66562
USDJPY	156.608	USDCAD	1.37445	USDCHF	0.79094