The Singapore stock market on Thursday snapped the three-day winning streak in which it had added more than 80 points or 1.7 percent. The Straits Times Index now rests just beneath the 5,000-point plateau although it's expected to move back to the upside again on Friday.
The global forecast for the Asian markets is positive, with technology stocks expected to pull the markets higher. The European and U.S. markets were up and the Asian markets figure to follow that lead.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.