Asian shares mixed as corporate earnings loom | Malay Mail

📆 8/07/2020 5:02 PM
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NEW YORK, July 8 ― Asian stocks were set for a mixed open today, as an increase in new coronavirus cases in some parts of the world cast doubts over the economic recovery, leading some investors to cash in on recent gains ahead of earnings season. Australian S&P/ASX 200 futures lost 0.50 per...

Australian S&P/ASX 200 futures lost 0.50 per cent in early trading, while Japan's Nikkei 225 futures added 0.11 per cent, and Hong Kong's Hang Seng index futures rose 0.39 per cent. — Reuters pic

US stocks fell yesterday, halting a five-day winning streak by the benchmark S&P 500 index, its longest this year, which had been driven by better-than-expected economic data. The United States reported tens of thousands of new coronavirus infections, prompting New York to expand its travel quarantine for visitors from three more states, while Florida's greater Miami area rolled back its reopening.

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Asian stocks set to follow US higher on China hopes, upbeat data | Malay MailNEW YORK, July 7 ― Asian markets looked set to rise today as investors weighed growing expectations of an economic rebound in China and a resurgent US services industry, brushing off worries about a spike in US coronavirus cases. Australian S&P/ASX 200 futures climbed 0.52 per cent, while...
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