Asian stocks advance after stimulus talks lift Wall St

Japan reported weaker than expected export data for November, despite a recovery in trade with China, its biggest market.

However, a monthly survey of manufacturers showed conditions improving, with the purchasing managers index at preliminary reading of 49.7 on a scale up to 100 where 50 markets the cut off for expansion. It was a 20-month high for the purchasing managers index of au Jibun Bank. The PMI was at 49.0 in November.Australia's S&P/ASX 200 advanced 0.7% to 6,679.20 and the Shanghai Composite index edged 0.1% higher, to 3,370.44.

A vaccine candidate developed by Moderna and the National Institutes of Health may be on the cusp of regulatory approval after the Food and Drug Administration said its preliminary analysis confirmed its safety and effectiveness. It would join the nation's first vaccine, which just began rolling out. Hundreds of hospital and health care facilities will get their first shipments Tuesday of the vaccine developed by Pfizer and BioNTech.

Another big gain for Apple also helped to lift Wall Street. The most influential stock in the S&P 500 because of its massive market value, it rose 5% after a report from Japan's Nikkei said it may produce more iPhones in the first half of 2021 than analysts had been expecting.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Asian shares higher after strong earnings, data lift Wall StAsian shares were mostly higher on Tuesday after strong corporate earnings and economic data lifted stocks on Wall Street. SOSColombia The government is killing us please retweet. Mauritania is facing acute humanitarian needs, including high levels of food insecurity (over 25 per cent of the population in severe food insecurity in most of the provinces) and very high rates of acute malnutrition. UN
La source: CTVNews - 🏆 1. / 99 Lire la suite »

Asian stocks follow Wall St up, silver eases off highAsian stocks followed Wall Street higher Tuesday after U.S. President Joe Biden invited Republicans to a meeting to discuss economic aid, while silver eased off an eight-year high. Silver is a distraction Hold the line AMCtothemoon
La source: CTVNews - 🏆 1. / 99 Lire la suite »

Asian stocks advance after U.S. stimulus talks lift Wall StShares rose in Asia on Wednesday after revived hopes for more aid for the U.S. economy broke a four-day losing streak on Wall Street.
La source: CTVNews - 🏆 1. / 99 Lire la suite »