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Asian shares followed Wall Street’s sharp selloff on Thursday as concerns about rising coronavirus infections and new shutdowns in major U.S. cities hosed down earlier investor enthusiasm about COVID-19 vaccine developments. Asian Shares Australia’s S&P/ASX 200 lost 0.5% in early trading. Hong Kong’s Hang Seng index futures lost 0.02%. Japan’s Nikkei 225 fell 0.4%. Currency […]
Asian stocks were mostly higher Wednesday after Wall Street declined as hopes for a possible coronavirus vaccine were tempered by worries about the pandemic’s lingering impact. Tesla rose 8.2% following an announcement that it will join the S&P 500 index next month. It is set to become one of the biggest stocks in the index […]
Asian shares rose Tuesday, after the Dow Jones Industrial Average hit a record high on optimism that a vaccine may soon control the coronavirus and the economic destruction it’s caused. Asian Shares Japan’s benchmark rose 0.2% to 25,968.22 in morning trading, after momentarily reaching a 29-year high of above 26,000. Australia’s S&P/ASX 200 gained 0.4% to 6,512.00. […]
Even as the pandemic that wrecked its business flares up again, Airbnb is poised to make its public market debut this year. The company filed its long-awaited IPO paperwork Monday, revealing that it turned a profit of $219 million in the third quarter of this year, on $1.34 billion in revenue. By comparison, it made $227 million […]
The announcement that Tesla will enter the S&P 500 on Dec. 21 follows months of speculation, and one temporary setback, after the stock failed to make the cut during the index’s quarterly rebalancing in early September. The anticipation has helped drive a nearly fivefold rally in the stock this year to almost $390 billion, making […]
Asian stocks climbed with U.S. and European futures on Monday, buoyed by positive sentiment on regional trade and signs of opposition to a national American lockdown despite surging virus cases. The dollar fell. Stocks S&P 500 Index futures rose 0.8% as of 7:15 a.m. in London. The S&P 500 gained 1.4% Friday. MSCI Asia Pacific […]