Taiwan stock futures rise, signaling potential Monday gains as US markets rally on inflation data

setn.com (Chinese)

Taiwan stock index futures rose slightly, suggesting a continued upward trend for the Taiwan stock market on Monday. US stocks closed higher on Friday, driven by cooling inflation data that increased expectations for a Federal Reserve interest rate cut next week. The S&P 500 and Nasdaq extended their gains for a fourth consecutive day. The positive sentiment in global markets, fueled by the US economic news, is expected to support the Taiwan stock market. Analysts suggest that if key tech stocks like TSMC remain strong, the market could challenge the 28,000-point level.


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Taiwan stock futures rise, signaling potential Monday gains as US markets rally on inflation data | News Minimalist