Barry Tech Review

Best review technology by Barry

Twitter and China ADRs Expected to Rise as US SECURITIES-Wall St Open Higher


U.S. stock index futures rose on Monday, with gains by Twitter and U.S.-listed Chinese companies offsetting fears of further sanctions over Russia’s invasion of Ukraine.
His Twitter Inc, a microblogging site, saw him up 20.4% in pre-market trading after Tesla Inc CEO Elon Musk reported his 9.2% stake in the company. After the electric car maker reported record first-quarter shipments, Tesla rose its 0.7%, leading the rise among megacaps.

Expectations of a rate hike intensified and remained reversed. An inverted yield curve is widely seen as a signal of an impending recession. Thomas Hayes, chairman of Great Hill Capital, said: “(The reversal) is bad news in the sense that it is a very accurate indicator of a recession, but historically the good news is the buy signal versus the sell signal in the short term. ‘ said. in New York.

Meanwhile, shares of Bilibili Inc and Didi Global Inc rose 9.1% and he 7.4% respectively after China proposed a review of confidentiality rules for offshore listings. But global stock markets languished as investors focused on the Ukraine conflict and the US Federal Reserve announced plans to tighten monetary policy. The gap between 2-year and 10-year bond yields that has been the focus of the US Treasury yield curve is the Fed’s aggressive move to contain rising inflation following last week’s strong March jobs report.

“On average, markets tend to peak about a year to a year and a half after a 2/10 spread reversal.” He said he would agree to impose additional sanctions on Russia within the next few days. Crime after the death of a civilian near Kyiv. After a rocky start to the year, the Nasdaq nearly halved its losses in recent weeks, aided by gains in key growth stocks and strong economic data. The Nasdaq is now down 11.2% from its November high.

At 8:31 a.m. ET, the Dow e-minis were up 26 points (0.07%), the S&P 500 e-minis were up 8.5 points (0.19%) and the Nasdaq 100 e-minis were up 42.25 points (0.28%) rising %. A US Department of Commerce report scheduled for 10:00 am ET is expected to show factory orders fell 0.5% in February after rising 1.4% in January. JPMorgan Chase & Co. fell 0.5% after Chief Executive Jamie Dimon warned the bank could lose about $1 billion from its exposure to Russia. Starbucks Corp. fell 3.3% after former CEO Howard Schultz announced a moratorium on his own stock buyback program.

News Summary:

  • Twitter and China ADRs Expected to Rise as US SECURITIES-Wall St Open Higher
  • Check all news and articles from the latest Business news updates.

Leave a Reply

Your email address will not be published.