ASX set to edge up, Wall Street weighed down by tech stocks

US stocks are drifting ahead of a week packed with potentially market-moving events.

U.S. stocks drifted to a mixed finish as the countdown ticks toward potentially market-moving events coming later in the week

US stocks are drifting ahead of a week packed with potentially market-moving events.

Wall Street drifts ahead of a big week that could swing stocks and bonds  AP News

TOKYO (Kyodo) -- Tokyo stocks ended mixed Monday, buoyed by stronger-than-expected U.S. economic data while a decline in South Korea's benchmark index

Analysts are bullish on the prospects of several stocks due to their long-term growth potential and exposure to lucrative areas, such as artificial intelligence.

U.S. stocks are rising Friday and trimming their losses from what’s been a shaky week. The bond market, which has been the center of Wall Street’s action, remains jumpy, but the moves in yields are not as hectic as earlier in the week and that is helping to keep financial markets relatively calm.