Momentum marches on as investors shrug off US downgrade

US stocks managed to eke out a slim gain yesterday, with the S&P 500 index notching its sixth consecutive winning session, as investors sought to look past the Moody’s downgrade of the United States’ credit rating. Meanwhile, stock markets in the Asia-Pacific region are trading in the green after China cut its lending rate, which has fuelled some broad-based up moves across the region. Also on today’s podcast, we are joined by Richard Tang, Head of Research Hong Kong, who provides insights into his expectations for Chineseand Japanese equity markets.00:00 Introduction by Bernadette Anderko (Investment Writing)00:28 Markets wrap-up by Jonti Warris (Investment Writing)05:52 Asia update by Richard Tang (Head of Research Hong Kong)12:44 Closing remarks by Bernadette Anderko (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.