Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Overnight Markets: S&P 500 extends record on durable goods data

by Himanshu Singh on May 28, 2014 at 03:43

Cisco Systems Inc. rose 0.8% as Deutsche Bank AG boosted its recommendation on the maker of networking equipment to buy from hold.

In Asia, stocks gained on Wednesday in morning trade after US durable goods orders and consumer confidence data added to evidence a recovery in the world’s largest economy is intact.

The MSCI Asia Pacific Index gained 0.4% to 142 as of 9:47 a.m. in Hong Kong. Japan’s Topix index added 0.4%.  South Korea’s Kospi index gained 0.5% and Australia’s S&P/ASX 200 Index rose 0.3%. New Zealand’s NZX 50 Index advanced 0.7%. Sinagpore’s Straits Times Index was little changed.

Hong Kong’s Hang Seng Index climbed 0.2% and Taiwan’s Taiex index advanced 0.3%.

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet