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GLOBAL MARKETS-Asia stocks catch Wall St cheer but China caps gains [Reuters]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Japan's benchmark Nikkei average opened up 1.14% on Tuesday, while Australia's S&P/ASX 200 was up 0.2% at 0133GMT. MSCI's gauge of Asia Pacific stocks outside Japan rose 0.23%. Hang Seng Index and China's benchmark CSI300 Index opened higher but fell into negative territory, weighed by property stocks. A large proportion of S&P 500 companies are due to report results this week, including technology heavyweights Facebook , Apple Inc, Amazon, Microsoft, and Alphabet, which have been the drivers of the market rally this year. “Of the S&P 500 firms that have reported this season, the net surprise on earnings has been 13%. So it is easy to understand the optimism percolating through risk appetite despite inflation fears,” said ANZ Research in a Tuesday note. “The economy remains very strong. We expect the recovery will re-accelerate once bottlenecks and COVID concerns subside,” ANZ analysts said in the note. The Dow Jones Industrials and S&P 500 closed at record highs on Monday. T
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