tyb's
Asian shares hit 6-1/2-month high on tech hopes, U.S. data
TOKYO (Reuters) - Asian shares hit 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve's cautious outlook on the world's biggest economy.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent, led by 0.5 percent gains in the info tech sector, while Japan's Nikkei bucked the trend and lost 0.2 percent.
On Wall Street, the S&P 500 gained 1.09 percent while the Nasdaq Composite rallied 1.42 percent, both hitting five-month highs.[.N]
Apple Inc led the tech sector's advance, rising 3.7 percent, ahead of the company's expected streaming service debut next week.
The Philadelphia SE Semiconductor Index soared 3.5 percent, coming within a striking distance from its all-time high marked about a year ago.
"I'd think optimism in the tech sector is the biggest driver now. It reflects expectations that the U.S. and China will eventually reach a trade deal," said Soichiro Monji, senior economist at Daiwa SB Investments.
A U.S. trade delegation headed by Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will visit China on March 28-29, which will be followed by a trip by Chinese Vice Premier Liu He to Washington in early April.
Thursday's U.S. economic data was also upbeat as initial claims for jobless benefits fell more than expected and mid-Atlantic factory activity rebounded sharply.
The figures mollified worries about the U.S. economic outlook after the Fed on Wednesday surprised investors by adopting a sharp dovish stance, anticipating no further interest rate hikes this year and ending its balance sheet rolloffs.
The dollar also jumped back, with its index against a basket of six major currencies rising to 96.327 from Wednesday's 1-1/2-month low of 95.735.
The euro traded at $1.1374 , flat on the day and off Wednesday's 1-1/2-month high of $1.14485.
The dollar stood at 110.74 yen, having hit a five-week low of 110.30 on Thursday.
The benchmark U.S. 10-year notes yield stood at 2.530 percent after having slipped to as low as 2.500 percent on Thursday, its lowest since early January last year.
https://www.marketscreener.com/news/Asian-shares-hit-6-1-2-month-high-on-tech-hopes-U-S-data–28210288/?countview=0
usual posts in the mid -teens. gotta have fun. that Bruce lee thread was da bomb.
>>5822195 Xi Arrives in Italy to Sign Landmark Deal as EU Mulls Stronger Action Against China
NOTABLE for sure
chek'd
https://www.secform4.com/
BA been up and down. think you are good,gonna take a pause for cause smoko style
just shows the lack of imagination. Mattis slide been gone for a bit.
I'm finding stuff I did not know I had. you know that feeling when you have the perfect meme but can't find it so I name them. fuggin ktwats took one and did not rename it and I caught them while I was doing baker assist. they are so easy to identify now.
bake it or help them out. Either way you get an appreciation for the production aspect of it. Most do not know.
>>5822647 New Zealand Prime Minister: Gun Confiscation ‘Just The Beginning’ Of Things To Come
notable
the comments's in this one are really good. People are waking HARD
so it is Doug Band…fuggin knew it. It's da nose's
no love for BA eh?
true that. Hard to tell. Have a big monitor so that is who I though it was yesterday. All this is so damn deep with so many possibility's
Baker assist