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Inventory futures are little modified after tech powers S&P 500 to fifth straight profitable day: Reside updates

An Hour In the past

Sunac shares surge as Chinese language property developer says it is met restructuring situations

Shares of Sunac surged on Tuesday after the beleaguered Chinese language property developer stated it has began executing its plans to overtake its debt after satisfying restructuring situations.

Hong Kong-listed shares of Sunac jumped 18% to 2.75 Hong Kong {dollars}, buying and selling at its highest stage in two months.

The restructuring includes a full discharge and launch of the Sunac’s current debt in trade for the issuance of the brand new notes.

Learn full story right here.

— Shreyashi Sanyal

5 Hours In the past

Asia chip shares see beneficial properties after tech rally on Wall Avenue

Asian chip shares rose after a tech-powered rally on Wall Avenue, led by Microsoft and Nvidia on Monday.

Shares of Taiwan Semiconductor Manufacturing Company had been up 1.39%, outperforming the Taiex’s beneficial properties of 1.01%.

Hon Hai Precision Business, recognized internationally as Foxconn, superior 0.5%.

Individually, South Korea’s Samsung Electronics, which additionally provides chips to Nvidia for a few of its graphics playing cards, noticed its share worth inch up by 0.69%.

7 Hours In the past

South Korean producer costs gradual after two straight months of acceleration

South Korea’s producer worth index climbed 0.8% year-on-year in October, a slower fee of enhance in contrast with the 1.3% progress seen within the month earlier than.

On a month-to-month foundation, producer costs fell 0.1%, the primary time in three months that the PPI fell month-on-month. The lower was led by a 5.5% lower in costs of agricultural, forestry & marine merchandise.

The PPI measures month-to-month variations within the costs of products shipped by industrial producers throughout the home market.

— Lim Hui Jie

7 Hours In the past

Shares making a few of the largest strikes after hours

Listed below are a few of the shares making strikes in prolonged buying and selling.

Agilent Applied sciences — Inventory within the laboratory provides firm added practically 7% after beating Wall Avenue estimates on the highest and backside line within the fourth-quarter. Agilent reported an adjusted $1.38 per share on $1.69 billion in income, whereas analysts polled by LSEG forecast an adjusted $1.34 and $1.67 billion.

Keysight Know-how — The electronics inventory climbed roughly 3% after surpassing earnings estimates. The corporate reported an adjusted $1.99 per share on $1.31 billion in income, whereas analysts polled by FactSet forecast an adjusted $1.87 per share and $1.30 billion.

— Brian Evans

8 Hours In the past

Inventory futures open little modified

Inventory futures had been little modified on Monday, following sturdy beneficial properties from tech corporations Nvidia and Microsoft which helped carry the S&P 500.

Futures tied to the Dow Jones Industrial Common slipped 5 factors, or 0.01%. S&P 500 futures and Nasdaq 100 futures hovered close to the flatline.

— Brian Evans

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