Asia stocks under pressure as vaccine rally falters

  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Asia stocks are likely to come under pressure on Wednesday, tracking declines on Wall Street while gold prices were buoyed by safe-haven demand as economic indicators pointed to more signs of recession.

FILE PHOTO: A passerby wearing a protective face mask, following an outbreak of the coronavirus, walks past an electronic board showing the graphs of the recent movements of Japan's Nikkei share average outside a brokerage in Tokyo, Japan March 6, 2020. REUTERS/Issei Kato

Australia and China traded barbs on Tuesday in an increasingly acrimonious spat over Australia’s support for a global inquiry into the origins of the coronavirus pandemic. “Equity markets have failed to build on Monday’s exuberance which was driven in part by the excitement over U.S. drug company Moderna’s early COVID-19 vaccine test results,” National Australia Bank analysts said in a Wednesday note.

The Dow Jones Industrial Average fell 1.59%, the S&P 500 lost 1.05% and the Nasdaq Composite dropped 0.54%.Spot gold prices were little changed and not far from Monday’s more than 7-1/2-year high, buoyed by safe-haven appeal amid economic uncertainty.

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 BUSİNESS
 

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

The concept of a VACCINE is PHONY. There can NEVER exist a vaccine for the FAMILY of CORONA Virus. This Virus has to go away on its own by building one's own IMMUNITY to resist it. A LOT OF PATIENCE is necessary and being PROACTIVE before it strikes HARD is the ONLY way out.

Any country that refuses the corruption of the World Bank is swiftly attacked and accused of falsehoods

Some people w/ covid19 antibodies may have received naturally made vaccine themselves, that they were in contact with a few naturally inactivated virus left on surfaces after some long time! It may be actually happend. However because no reliability such way can't be recommdd.

Business Business Latest News, Business Business Headlines

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

Asia stocks may not rise much further as fundamentals remain weak, Credit Suisse saysStocks rallied from earlier lows, driven partly by unprecedented policy stimulus from central banks around the world, Suresh Tantia, a senior investment strategist at the bank, told CNBC. 1Voice has donors who've recovered from covid_19 Reply if you can donate or need. Include BeTheCure 1Voice & RT Copy to your own. We will RT. StormMela dwaynecobb mcdirk HMeemaw Peter_S_Becks1 freddyvandam300 AzizianRahim This is why I love to invest into America! We have very strong fundamentals and can sustain through the coronavirus! Asia is well on it’s way though! Why not? When the FED print money for America corporates...these companies can use these monies to buy up the rest of the world...MAGA again...😷
Source: CNBC - 🏆 12. / 72 Read more »

Asia stocks set to trade higher as hopes of coronavirus vaccine riseStocks in Asia were set to open higher on Tuesday as hopes rise on a potential coronavirus vaccine after a positive development from a Moderna trial. COLOMBIA: CNBC your tweets help smart people make money! 😊 There is NO vaccine yet! Today was a stock pumping scam by the CEO of $MRNA NAR BloombergAsia i
Source: CNBC - 🏆 12. / 72 Read more »

Companies in Asia Pacific are having a really hard time getting paid, survey showsA large proportion of companies in the Asia Pacific have been facing issues of unpaid receivables and delayed payments over the last three years, an industry survey found. it is helpful How much of this has to do with Asian culture?
Source: CNBC - 🏆 12. / 72 Read more »