04:32
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ASIAN STOCKS MARKET
Asian stocks climbed, with the benchmark regional gauge heading for its biggest three-day gain this year, as global policy makers signaled they may take steps to stimulate economic growth. Japan’s Nikkei 225 climbed 1.2 percent, South Korea’s Kospi Index advanced 2.6 percent as it resumed after a holiday yesterday. Hong Kong’s Hang Seng rose 0.9 percent. China’s benchmark Shanghai Composite Index slid 0.7 percent.
U.S.STOCK MARKET
U.S. stock futures rose, after the Standard & Poor’s 500 Index (SPX) yesterday rallied the most in 2012, as investors awaited Federal Reserve Chairman Ben S. Bernanke’s speech for hints of a third round of quantitative easing.
EUROPEAN MARKET
Asian stocks climbed, with the benchmark regional gauge heading for its biggest three-day gain this year, as global policy makers signaled they may take steps to stimulate economic growth. Japan’s Nikkei 225 climbed 1.2 percent, South Korea’s Kospi Index advanced 2.6 percent as it resumed after a holiday yesterday. Hong Kong’s Hang Seng rose 0.9 percent. China’s benchmark Shanghai Composite Index slid 0.7 percent.
U.S.STOCK MARKET
U.S. stock futures rose, after the Standard & Poor’s 500 Index (SPX) yesterday rallied the most in 2012, as investors awaited Federal Reserve Chairman Ben S. Bernanke’s speech for hints of a third round of quantitative easing.
EUROPEAN MARKET
European stocks climbed, extending the Stoxx Europe 600 Index’s biggest rally in six months, amid speculation global policy makers will take steps to revive growth. U.S. index futures and Asian shares also advanced.
U.S.TREASURIES
Treasuries rose for the first time in four days before Federal Reserve Chairman Ben S. Bernanke testifies on the economic outlook after Vice Chairman Janet Yellen said the central bank has room to do more to spur growth. Ten-year yields dropped from the highest in a week after Yellen said the Fed may extend its so-called Operation Twist program to lengthen the maturity of its bond holdings or undertake a new round of debt purchases. Spanish borrowing costs increased to more than 6 percent at a 10-year bond sale today, adding to concern the region’s debt crisis is worsening. Economists say a U.S. report today will show initial claims for jobless insurance declined last week.
U.S.TREASURIES
Treasuries rose for the first time in four days before Federal Reserve Chairman Ben S. Bernanke testifies on the economic outlook after Vice Chairman Janet Yellen said the central bank has room to do more to spur growth. Ten-year yields dropped from the highest in a week after Yellen said the Fed may extend its so-called Operation Twist program to lengthen the maturity of its bond holdings or undertake a new round of debt purchases. Spanish borrowing costs increased to more than 6 percent at a 10-year bond sale today, adding to concern the region’s debt crisis is worsening. Economists say a U.S. report today will show initial claims for jobless insurance declined last week.
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