The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
asia stocks rise as investors eye election impact and oil prices
Asia stocks are mostly rising following a Wall Street rally, with investors optimistic about lower interest rates as the U.S. Federal Reserve begins its easing cycle. The S&P 500 is up 24% year-to-date, while the "Magnificent Seven" tech stocks have seen significant gains. As the U.S. election approaches, Bank of America notes that political outcomes could impact specific market sectors, emphasizing the importance of stock selection over index investing. Meanwhile, crude oil prices have risen amid geopolitical tensions, despite a bearish supply-and-demand outlook. The IMF has lowered its global inflation projection, indicating a shift in focus for policymakers towards economic growth challenges.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.