Futures pointed to a mixed open for Japanese stocks, while shares in Australia were set to dip.
White House health advisor Dr. Anthony Fauci warned Tuesday that parts of the U.S. are beginning to see a "disturbing surge" of Covid-19 cases. Fauci did also say, however, that states with growing coronavirus outbreaks may not need to do an "absolute shutdown." More than 2 million people in the U.S. have been infected with the coronavirus so far, according to data compiled by Johns Hopkins University.
Stocks in Asia Pacific were set for a mixed start on Wednesday as the coronavirus situation stateside continues to be watched, with White House health advisor Dr. Anthony Fauci warning Tuesday thatFutures pointed to a mixed open for Japanese stocks. The Nikkei futures contract in Chicago was at 22,585 while its counterpart in Osaka was at 22,520. That compared against theMeanwhile, shares in Australia were set to dip.
"COVID-19 case numbers continue to rise in the US, but for now markets are having trouble with the implications given the high bar to re-imposing restrictions," Tapas Strickland, director of economics at National Australia Bank, wrote in a note.
jimcramer - That 4th of July play is really interesting...
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