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Stock Exchange Today: Dow, S&P Live Updates for April 13, 2021

Chinese stocks are collapsing as optimistic data deepen liquidity concerns

Photographer: Qilai Shen / Bloomberg

Asian stocks rose higher on Tuesday, with US stocks reaching record highs as investors watched the start of the season of corporate profits and relatively smooth government debt sales.

Shares rose in Hong Kong and Japan and fluctuated in China. Shares in the US were stable after a slight retreat of the S&P 500 index after three consecutive gains. Technical stocks weakened, led by Intel Corp. such as Nvidia Corp. focus on your microprocessors market.

Bond yields have risen only slightly after the US Treasury Department̵

7;s auctions for three- and 10-year banknotes attracted decent demand. The government offered 30-year bonds on Tuesday.

The US stock indicator is already at the top of the strategists' goals by the end of the year

The positive growth outlook for the US should help corporate profits, although stocks appear precarious at these record highs, given jumps in the Covid-19 problematic vaccinations in some parts of the world. The potential for a sharper rise in inflation and borrowing costs are also paramount, with investors focusing on US consumer price data and the strength of demand for the remaining government bond auction.

“The real test will be when inflation starts to rise,” said Priya Misra, global head of interest rate strategy at Bloomberg TV’s TD Securities. “Then the rates will have to be recalculated – either for an earlier exit from the Fed, or for a later exit, but a faster way.”

Elsewhere, President Joe Biden told companies fighting for tightly limited global semiconductor supplies that he has bilateral support for government funding to address the shortage that has hit carmakers around the world. Finance Minister Janet Yellen will do it refuse to name China as a currency manipulator in its first semi-annual currency report, according to insiders, allowing the United States to avoid a new clash with Beijing.

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