HONG KONG: Asian tech stocks rose on Thursday, following their U.S.-listed peers, though broader gains were capped by the strength of the U.S. dollar as investors bet on interest rates rising more quickly in the United States than other major economies.
European stocks were expected to advance with Euro Stoxx 50 futures up 0.5% and FTSE futures 0.24% higher in early trade, potentially indicating a rebound after a week when rising COVID cases in Europe have weighed on market sentiment there.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
