Asian stocks log best week in months; dollar lurks below highs

Published by
Reuters UK

By Sam Byford TOKYO (Reuters) – Asian stock markets recorded their best week in months on Friday and the dollar held off recent record highs after the European Central Bank (ECB) unexpectedly ended its negative interest rate policy, but U.S. futures fell on fears of poor tech earnings. Ahead of the Europe open, FTSE 100 futures were up 0.13% while Euro STOXX 50 futures were down 0.3%. Tech stocks dragged Nasdaq futures down 0.83% after Snapchat owner Snap Inc’s poor earnings release sounded the alarm among investors. S&P 500 futures were down 0.46%. Japan’s Nikkei rose 0.37% on Friday to make …

Read More

Leave a Reply