Asian stocks mixed on fading U.S. stimulus hopes, virus concerns

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Asian markets were off to a mixed start on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold.

FILE PHOTO: Photographers take photos near a large screen showing stock prices at the Tokyo Stock Exchange after market opens in Tokyo, Japan October 2, 2020. REUTERS/Kim Kyung-Hoon

Downbeat comments from U.S. Treasury Secretary Steven Mnuchin that a stimulus deal was unlikely be made before the Nov. 3 vote weighed on fragile investor sentiment. With COVID-19 cases surging, some European nations are closing schools as authorities braced for a repeat of the nightmare scenario seen earlier this year.

In a mixed Asian open, Australian equities bucked Wall Street declines, opening slightly higher because of “good support” for material and mining stocks, said Michael McCarthy, CMC Markets chief market strategist.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Why would asian stocks care about US stimulus? ...

Quick, someone ask Rudy Giuliani what he thinks about this Asian stuff.

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