Japan’s Nikkei shed 0.5 per cent, while South Korean shares were 0.5 per cent higher and Australia’s S&P/ASX 200 index eased 0.2 per cent. — AFP pic
E-Mini futures for the S&P 500 put on 0.2 per cent, reversing early losses, while EUROSTOXX 50 futures eased 0.2 per cent. Japan’s Nikkei shed 0.5 per cent, while South Korean shares were 0.5 per cent higher and Australia’s S&P/ASX 200 index eased 0.2 per cent. He said investors who didn’t want to pay lofty valuations of US stocks could look to fast-growing tech companies in Taiwan and South Korea.Investors will also look to central banks for direction, with the US Federal Reserve starting a two-day policy meeting today, the first since unveiling a landmark shift to a more tolerant stance on inflation in August.
US stocks gained after drugmaker AstraZeneca said it resumed its British clinical trials of its Covid-19 vaccine, one of the most advanced in development.