Resurrected bull market faces earnings test this week
Add BT as a preferred source
THE bull market's resurrection faces an earnings test this week.
US stocks rose last week, completing their strongest three-week run in more than two years as progress in talks between the US and China brought the bull market back from the dead.
On Dec 26, the Dow Jones Industrial Average, which was a hair's breadth from the 20 per cent peak-to-trough decline that defines a hip index, has risen by roughly 9 per cent. Measures of more US-focused small and mid-cap stocks have risen even more sharply.
TRENDING NOW
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
