Asian stocks follow Wall Street higher with China, Korea closed

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 99%

Business News News

Business Business Latest News,Business Business Headlines

Stock prices in Tokyo and Sydney followed Wall Street higher Wednesday while China, South Korea and Southeast Asian markets were closed for the Lunar New Year.

Wall Street's benchmark S&P 500 index gained 0.7% on Tuesday, boosted by gains for energy and tech stocks in a late burst of buying.New Zealand and Jakarta also gained.

But political opponents claimed the real rate was about double the headline figure, which they said was was skewed because it didn't count people who weren't actively seeking work. The Statistics New Zealand figure was seasonally adjusted for the quarter ending December and was the lowest since current record-keeping began in 1986.

The virus pandemic is still a lingering threat and each new variant could bring a surge of cases that threatens businesses and consumer activity.

 

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

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines