Thursday, August 25, 2022

Auto sector earnings upgraded as headwinds recede; what should you buy?

Auto sector earnings upgraded as headwinds recede; what should you buy? Semiconductor supplies have returned to normal and prices of key raw materials like metals are off 30-40 percent from their recent highs, relieving margin pressure on auto companies.

from Moneycontrol Market Outlook https://ift.tt/zM8Thtd

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Global Market Today: Asian stocks rise after tech-led rebound in US

Asian markets opened higher today. Technology shares led the gains, boosting Wall Street. This rally eased worries about artificial intellig...