Major Asian markets finished higher in Tuesday trading as technology M&A activity appears to be on the rise. Asian markets were also boosted by rumors of monetary policy easing in both the United States and Europe.
So the Facebook IPO is wobbling a little — not really the thunder the market needed — and traders are looking for the aftershocks. We’re leading off with emerging markets stocks with exposure to the social media theme on tonight’s Trading the Globe (7:30 ET, CNBC).
Analysts and investors may be worried about the state of the Chinese economy, but China’s leading internet companies seem to be in no danger of a hard landing.
Whether it’s old-fashioned broadcast TV or streaming web movies, video entertainment is a global industry now. We lay out a few of the up-and-coming names in the space on today’s installment of Trading the Globe.
Even though American indices were up on this balmy Friday, markets around the world did not fare as well with European concerns trumping good numbers from emerging market telecom giant América Móvil on many exchanges.