• Aug 19, 2024

Why Intel Stock Gained Today

Another U.S. chip company is receiving more support from the government, and that could be good for Intel.

  • Aug 19, 2024

Morning Bid: Markets buoyant, but China rate call

All signs point to another solid day of gains across Asian markets on Tuesday, with investors' appetite for risk whetted by a lower dollar, subdued volatility and the S&P 500 and Nasdaq chalking up their longest winning streaks this year. Chinese stocks crept higher for a third day on Monday, edging away from last Thursday's six-month low, as investors turn their attention to the People's Bank of China's latest interest rate decision on Tuesday. Asia's calendar on Tuesday also includes minutes of the Reserve Bank of Australia's last policy meeting, New Zealand trade data, Hong Kong inflation, and export and current account figures from Taiwan.