Asian Equities Echo US Declines as Tech Stocks Hit: Markets Wrap
Stocks rose ahead of Friday’s key US jobs data, at the end of a volatile week in which mixed earnings from tech megacaps had the market on the defensive. Oil gained amid renewed tension in the Middle East.
Amazon.com Inc. and Intel Corp. shares jumped in premarket trading on optimistic earnings results, while Apple Inc. declined after reporting softer demand in China. Futures on the S&P 500 edged higher, with the benchmark on track for its worst weekly performance in more than a year amid unease over the outlook for artificial intelligence and cloud computing following results from Microsoft Corp. and Meta Platforms Inc.
Related
European markets expected to start November in mixed territory as…
This is CNBC's live blog covering European markets. European markets are expected to open mixed on Friday, reflecting a tentative start to Nov
On Sunday, she won Lithuania’s election. Now, she’s not sure…
Local media reported that health problems could be behind the party leader’s decision. Although it there were question marks from the beginning of the L
Volkswagen to shut three factories, axe jobs and cut pay…
The German carmaker Volkswagen is planning to shut at least three factories in its home country, lay off thousands of workers and cut pay by 10%, according to t
Volkswagen set to close three German plants and cut thousands…
Further talks are planned between Volkswagen and trade union leaders on Wednesday. ADVERTISEMENTVolkswagen's management wants to close at least thr
