12 Best Stock Market News: Asian stocks were mixed Friday as traders evaluated risks from the omicron virus strain, while Treasury yields pared a climb spurred by Federal Reserve comments about a quicker reduction in stimulus.
Stock Market Forecast
Nifty 50 Traded Near 10900, Sensex Up 300 points
The Nifty 50 traded near 10,900. Asian stocks began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth. US equity futures edged up with stocks in Japan and Australia, while shares slipped in Shanghai and Hong Kong. Oil prices climbed after US drilling activity fell to its lowest level in about two months.
Metal Stocks Forecast Rebound Sharply From Yesterday’s Fall
Gold Silver Reports (GSR) – Metal Stocks Forecast Rebound Sharply From Yesterday’s Fall – Shares of the metal companies rebounded sharply from yesterday’s decline as concerns about a trade war between the world’s two largest economies eased after the U.S. and China signaled room for talks.