Wall Street Rallies on Strong Economic Data; Tech in Focus

April 23 Reuters U.S. stocks rose in a broad rally on Friday as increased factory output and housing data supported expectations of a swift economic recoverywhile big tech stocks rose in anticipation of strong earnings reports next week. The bounceback follows a selloff on Thursday when reports that U.S. President Joe Biden plans to almost […]
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Nikkei Recoups Early Losses as TravelRelated Shares Bounce Back

TOKYO, April 26 Reuters Japanese shares ticked higher on Monday, as travelrelated stocks bounced back from losses driven by fears of coronavirus curbs, and after ANA forecast a smallerthanexpected fullyear loss. The Nikkei share average rose 0.24 to 29,089.48, recovering from earlier losses of 0.43. The broader Topix edged up 0.11 to 1,917.00. Travelrelated shares […]
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Australia, NZ Dollars Climb as Iron ore Prices Soar

SYDNEY, April 26 Reuters The Australian and New Zealand currencies rose against the U.S. dollar on Monday, underpinned by higher iron ore prices and a weaker greenback amid speculation the U.S. Federal Reserve will shun talk of tapering bond purchases at its policy meeting. The commoditysensitive Australian dollar was up 0.34 at 0.7774, as iron […]
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