Asian stocks mixed after Wall St rebounds from losses

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Asian stock markets were mixed Friday after Wall Street rebounded from its biggest loss in nearly three months, while Japan reported December factory output weakened.

Overnight, Wall Street's benchmark S&P 500 index gained 1%, recovering some of its loss from the previous day's 2.6% fall after American unemployment data were better than expected.U.S. markets were roiled by a spate of trading by small investors of video game vendor GameStop that hurt hedge funds that bet the stock would fall. Brokers suspended some options trading in that and other stocks.

The Shanghai Composite Index added 0.2% to 3,511.42 while the Nikkei 225 in Tokyo shed 0.2% to 28,145.63. The Hang Seng in Hong Kong advanced 0.3% to 28,630.41. On Wall Street, the S&P 500 rose to 3,787.38, escaping the red for the year so far. Its decline Thursday was its biggest since October. The Dow Jones industrial average gained 1% to 30,603.36. The Nasdaq composite added 0.5% to 13,337.16.More than 100 companies in the S&P 500 are due to report results for the final quarter of 2020.

 

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Asian stocks? Careful, libtards might call racism.

Let me fix it: Today was a disgusting display of corruption. A day that proves that only Wall Street can make money on Wall Street. A day that proves our freedom and democracy is a lie when it does not suit the rich. But we already knew that.

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