Australian and Japanese shares rose and equity-index futures for US stocks climbed in early Asian trading, bolstering advances in the prior session. Even after Wednesday’s gains for the S&P 500 and Nasdaq 100, the first since Friday for the US benchmarks, they both remained over 3% lower this week.
US macro data has not deteriorated, but market falling in anticipation of a decline: Anurag Singh
Anurag Singh from Ansid Capital notes that while US companies are exceeding Q4 expectations, their cautious guidance for upcoming quarters is causing market corrections. Although