Stocks | Indices

SP500: Daily Analysis update & Intraday Setup

Shares in Asia were primed for declines Thursday after a global stock market rally stalled, even as the bond market edged higher on forecasts of lower interest rates.

Equities in Australia dropped, while futures for Japan and Hong Kong benchmarks all showed losses, echoing selling pressure in New York that dragged the S&P 500 index 1.5% lower. The tech-heavy Nasdaq 100 fell by the same margin, erasing gains earlier in the session that initially pushed the gauge to an intra-day record. US futures were little changed in early Asian trading.

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