Asian stocks rose Wednesday after the Dow Jones Industrial Average closed above 30,000 points for the first time despite an ongoing pandemic, as progress in development of coronavirus vaccines kept investors in a buying mood. Asian stocks Hong Kong’s Hang Seng Index (HSI) rose 1.3%, China’s Shanghai Composite (SHCOMP) was up 0.1%. South Korea’s Kospi (KOSPI) rose 0.7%. Japan’s Nikkei (N225) led the region’s […]
Stocks, oil and risk currencies gained on Tuesday as the formal go-ahead for U.S. President-elect Joe Biden to begin his transition burnished a November already boosted by COVID-19 vaccines. European markets tracked gains in Asian and U.S. equities, with the broad-based STOXX 600 index opening 0.8% higher and Brent crude climbing to its highest level since March at $46.38 […]
Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends with surging case numbers and delays to fresh U.S. stimulus. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.71% on Monday, […]
Asian shares mostly rose in muted trading Friday after Wall Street eked out modest gains amid a tug of war between worries about the worsening pandemic in the present and optimism that a vaccine will rescue the economy in the future. Asian Shares Japan’s benchmark Nikkei 225 slipped 0.5% in morning trading to 25,507.95. Australia’s […]
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. […]
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 […]
Asian shares have opened lower as rising cases of coronavirus infections in the U.S., Europe and Asia add to worries that economies will once again be hamstrung by pandemic restrictions on travel and businesses. Reports of surging COVID-19 cases have had a sobering effect on markets that had advanced on hopes for a vaccine and […]