A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Sept. 29, 2020. Asian stocks were mixed Tuesday after Wall Street recovered some of this month's losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden.
Banks and industrial companies had some of the biggest losses shortly after the opening bell Tuesday, while several big technology and communications companies were higher.Technology stocks, long been the driver of this year’s stock market moves, were mostly higher in early trading. Advanced Micro Devices rose 2.5%, Twitter was up 2.8% and Facebook was up 1.5%.
Markets are watching the November election’s impact on tax policy and how long it might take to determine the winner.
This is when our 'supposedly non socialist' government puts a lot of money in a bazooka then shoots it right back into the stock market.
We need Trump 4 more years!
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Chinese stocks underpin Asia; markets wary of virus spike, U.S. presidential debateChinese stocks drove Asian markets higher on Monday, though sentiment was still cautious ahead of a U.S. Presidential debate and as a spike in new coronavirus cases undermined global economic recovery hopes. CCP has funded CCPJoe for his campaign.
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