U.S. Stock Futures Rise After BOJ Stimulus Boosts Asian Equities [Yahoo! Finance News]
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Source: Yahoo! Finance News
) -- U.S. stock index futures gained for a second day after the Bank of Japan expanded stimulus and investors looked out for further signs of progress in the global fight against the coronavirus.Contracts on the S&P 500 rose 1% as of 6:42 a.m. in London, while futures climbed 1.2% on the Nasdaq 100 Index and 1.1% on the Dow Jones Industrial Average. The BOJ scrapped a limitation on buying government bonds and ramped up its purchases of corporate debt, joining global counterparts in their unprecedented expansion of stimulus. The MSCI Asia Pacific Index gained 2%.“The BOJ announcement of unlimited JGB buying and more and longer corporate debt purchasing appears to have lifted the region,” said Michael McCarthy, the chief market strategist at CMC Asia Pacific in Sydney. “Some are interpreting it as one step closer to direct purchasing of equities by central banks.”The Federal Reserve joins the BOJ and the European Central Bank announcing policy decisions this week as the battle against
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
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- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
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