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Asian stocks higher after Wall Street falls on virus worries

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Asian stock markets were mostly higher Wednesday after Wall Street declined as hopes for a possible coronavirus vaccine were tempered by worries about the pandemic's lingering impact.

Traders have been encouraged by announcements about possible progress toward a coronavirus vaccine. But growing infection numbers in the United States and Europe has raised the threat of renewed restrictions on business and movement."The reality of rising COVID-19 cases got hold of financial markets," said Mizuho Bank in a report.

On Wall Street, the benchmark S&P 500 fell 0.5% from a record to 3,609.53 after data showed U.S. retail sales rose 0.3% in October, down from September's 1.6%. The figure fell short of forecasts for 0.5% growth. Powell warned the "next few months may be very challenging." He said the Fed is committed to supporting a recovery.

"The concern is that people will lose confidence in efforts to control the pandemic," said the Fed's Powell. "We're seeing signs of that already."

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Hmmmmmmmm

It's almost as if the Asians know what they are doing! No?

日本 最新ニュース, 日本 見出し

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