BEIJING — Asian stock markets followed Wall Street higher as investors waited Tuesday for U.S. corporate results to see how companies are coping with supply disruptions and the past quarter’s surge in coronavirus infections.
Shares of Activision Blizzard Inc. ATVI, were unchanged Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.34% rising 0.34% to 4,486.46 and the Dow Jones Industrial Average DJIA, -0.10% falling 0.10% to 35,258.61. Activision Blizzard Inc. closed $28.13 short of its 52-week high ($104.53), which the company reached on February 16th.
Gold futures inched higher in Monday dealings, finding some support from a retreat in global stock markets, but a rise in bitcoin and some strength in the U.S. dollar and Treasury yields served to limit price gains for the precious metal.
Shares of Castelnau Group Ltd. rose 8% on Monday as the company started trading on the London Stock Exchange, implying a market capitalization of 191.8 million pounds ($263.7 million).
Nasdaq Composite trades flat, despite climb in Treasury yields
Asian shares were mostly lower on Monday after China reported its economy grew at a meager 4.9% annual pace in July-September.
Car-rental company lists profit, but also ‘substantial’ debt
Bitcoin surged more than 3% after report says U.S. SEC will soon greenlight first U.S. bitcoin futures exchange-traded fund
Analyst Philippe Houchois says latest China sales data puts to rest concerns over demand
The oil-stock correlation is anything but stable over time