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Tech Stocks Lead Rally Ahead of Jobs Report
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Nikkei Falls 0.3%, Dragged by Tech, Chemical Stocks
The Nikkei Stock Average closed 0.3% lower at 38787.38 as falls in tech and chemical stocks offset gains in auto and bank shares.The Wall Street Journal - World -
Pro-cannabis advocates in Thailand rally ahead of the government's plan to recriminalize the plant
Dozens of pro-cannabis advocates in Thailand gathered at the health ministry on Thursday to oppose the government’s plan to relist it as narcotics, two years after it was decriminalizedABC News - World -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business
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U.S. 10-Year Treasury Yield Likely to Edge Lower, Chart Shows
The U.S. 10-year Treasury yield is likely to edge lower, based on the daily chart, UOB said.The Wall Street Journal - World -
Richemont Names New CEO
Richemont said it appointed Nicolas Bos, currently chief of its French jewelry brand Van Cleef & Arpels, as its CEO.The Wall Street Journal - World -
EUR/USD Expected to Stabilize Near Term
A stabilization in EUR/USD around 1.08/1.09 or some modest downside pressure is ING’s expectation for the near term.The Wall Street Journal - World -
Nikkei Falls 0.3%, Dragged by Tech, Chemical Stocks
The Nikkei Stock Average closed 0.3% lower at 38787.38 as falls in tech and chemical stocks offset gains in auto and bank shares.The Wall Street Journal - World -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World