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US Stock Futures Advance as Risk of Shutdown Eases: Markets Wrap

(Bloomberg) – American stock futures ascended as signs that legislators in Washington will avoid closing the government.

Most of them read from Bloomberg

The S&P 500 contracts increased by 0.8 %, as the Stopgap financing bill seemed to pass and avoid closing the US government. This is a change in the mood after the measurement index extended a period of three weeks exceeding 10 % on Thursday, which is the technical threshold for correction. In Europe, the Stoxx 600 increased by 0.4 %. KERING SA decreased by 11 % as the designer’s choice to oversee Makover in Gucci disappointed.

In Asia, the CSI 300 index of China’s shares on the mainland has not touched the highest level of this year, on the prospects for more policy support to encourage consumption.

Treasury bonds prepared some gains from the previous session, when investors rushed to Haven’s assets in a move that raised gold to the dollar record and support. Greenback’s gains extended to Friday, strengthening a currency scale for the third day.

The pound weakened on Friday after the data showed that the UK economy was unexpectedly shrinking at the beginning of 2025. GDP decreased by 0.1 % in January, and decreased in manufacturing and construction. Economists expect a 0.1 % increase.

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The legislators in Washington will avoid the government’s closure to remove uncertainty for merchants, which already frightens the threats of American economic growth from President Donald Trump’s war. Two months after Trump’s presidency, the feelings in Wall Street turned from optimism to nervousness. Wall Street retreated with $ 5 trillion from US shares, where investors have reduced risks and transferred some money to markets in Europe and Asia.

“It is a very volatile environment and we expect this to continue in the foreseeable future,” Thomas Tao, head of the APAC investment strategy for Blackrock, told Bloomberg TV. He said the stock markets “like Europe and to some extent in China”, has emerged as convincing opportunities, as US shares fell from record levels.

The last fainting in the United States is a technical correction and not the beginning of the new bear market, as it is likely that it is likely to call for politics, according to Michael Hartnett of Bank of America.

2025-03-14 08:29:00

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