Asian stocks rise with earnings, economic data in focus
[hfe_template id='11223']
[ad_1]
Asian stocks edged up after the S&P 500 index advanced for a sixth day on optimism that companies will be able to weather slowing economic growth and tariff-fueled disruptions. Australian and Japanese shares climbed at the open and equity-index futures for Hong Kong pointed to a moderate gain. US stock futures edged lower after Super Micro Computer Inc. tumbled in late trading on a disappointing update. Treasuries extended this month’s advance, with 10-year yields falling for a seventh day. The dollar was little changed after strengthening on Tuesday. Gold rose and oil dropped. The stock rally faces a key test Wednesday when the US releases inflation and gross-domestic-product data, which will give investors a clue on how the economy fared just before President Donald Trump announced country-specific levies on April 2. In recent weeks, investors have taken comfort from some recent tariff reprieves and increased bets that the Federal R...