Asia stocks set to rise as Wall Street jumps on lockdown easing hopes

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment, despite another decline in oil prices.

FILE PHOTO: People wearing protective face masks, following an outbreak of the coronavirus, are reflected on a screen showing Nikkei index, outside a brokerage in Tokyo, Japan February 28, 2020. REUTERS/Athit Perawongmetha

The Nikkei 225 futures NKc1 were up 3.05% from the cash contract's close on Monday.​ The Nikkei 225 indexAustralian S&P/ASX 200 futures YAPcm1 were up 0.09% and Hong Kong's Hang Seng index futuresAll three major U.S. stock averages advanced, and are all now within 20% of their record closing highs reached in February. The benchmark S&P 500 is on track for its best month since 1987, after trillions of stimulus dollars helped U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cut China from The US financial system. Expel Chinese students. No Chinese tourist visas. 100% tariffs on Chinese goods. Sanctions and assets frozen.

NEW: Canada reports 1,605 new cases of coronavirus and 147 new deaths. A total of 48,500 cases and 2,707 deaths.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon gets a rare sell rating from Wall Street analyst - Business InsiderR5 Capital wrote in a note Monday that it's lowering its rating on Amazon over concerns of slowing growth and higher expenses amid COVID-19. Seems unlikely $AMZN 2750 next target.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wall Street gains as some U.S. states reopen for businessWall Street advanced on Monday as investors girded for a busy earnings week while turning a hopeful eye toward several U.S. states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic. It's time😏 ✓Real Story Who defeat COVID19 Betterworld CovidSangramee 1⃣UnitedHatzalah founder EliBeerUH defeated Covid19. 2⃣He says-Covid doesn't see Rich, Poor, Religion, Caste or Creed. 3⃣So together with Solidarity & Unitedly we can fight with Covid19. Fucking vampires. Literally profiting off the certain sickness and death of American people.
Source: Reuters - 🏆 2. / 97 Read more »

Analysts downgrade several stocks, including Amazon and Caterpillar, as Wall Street's dismal earnings season continuesNew for subscribers: Analysts downgrade several stocks, including Amazon and Caterpillar, as Wall Street's dismal earnings season continues Check out CNBCPro for a free trial. Pro How can Amazon be downgraded when their business is booming right now? Pro mr_jettlife Pro But we have the Fed. Nothing else matters
Source: CNBC - 🏆 12. / 72 Read more »