US stocks aim to add to yesterday’s advance
US stocks aim to add to yesterday’s advance, helped by gains in Asia overnight and currently in European markets, along with pullback in the US dollar.
we’re not saying that any particular stock should go up, we’re just saying that if these expected allocation changes become reality then most Asian large caps easily could go up for no good reason, US stocks pared gains Tuesday after Kansas City Federal Reserve President Thomas Hoenig reiterated in a televised interview .
HONG KONG: Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global recovery.
Japanese stocks rose on better-than-expected jobless figures Tuesday, but overall gains were modest amid caution over Greece’s debt problems and renewed concern over a US economic recovery following a mixed bag of indicators. Montreal, Canada The British pound is now the whipping boy in foreign-exchange markets as the baton is handed down from the EUR – both trashed since late November against the US dollar and gold bullion.
