Newly public Nano Labs stock rallies 64% after sinking 15% in prior session (NASDAQ:NA)


Japan +1.10%. Japan data – June Machinery orders +0.9% m/m (expected +1.3%).

Japan data: July exports +19.0% m/m (expected 18.2%) & Imports +47.2% y/y (expected 45.7%).

China +0.28%.

Hong Kong +0.95%.

Australia +0.20% Australian Q2 wages data +0.7% q/q (expected 0.8%), prior 0.7%. Australian dollar hit lower after Q2 wages data miss.

India +0.50%.

Overnight in the U.S., major stock indices are closing with mixed results. The Dow industrial average rose 239.55 points or 0.71% to 34152.00, while S&P index rose 8.04 points or 0.19% to 4305.19. The NASDAQ index fell -25.49 point or -0.19% to 13102.56.

Singapore data – July NODX +1.4% m/m (expected -3.8%) & +7% y/y (expected +6%). Singapore’s key exports grew at a slower pace in July due to softer shipments of non-electronic goods.

New Zealand data – Q2 PPI inputs +3.1% q/q & outputs +2.4% q/q.

NZ central bank signals aggressive tightening pace after 50-bps hike for 4th time in most aggressive tightening.

U.S. futures higher. Dow Jones +0.09%; S&P 500 +0.11%; Nasdaq +0.04%.



Image and article originally from seekingalpha.com. Read the original article here.

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