HONG KONG: The best two-day advance for Asian stocks since 2008 may bring some cheer to investors eyeing their battered portfolios, but there’s a long way to go before any semblance of stability is restored.
Recent history doesn’t offer much hope. The last three surges of more than 5% in the S&P 500 Index were immediately followed by losses of similar magnitude. But news that the US has reached a deal on stimulus measures may provide more momentum for gains, and some optimism that the worst for markets may have passed.In Japan, the Topix index is still 23% away from its mid-January high.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: