Asian stocks stumble on Chinese data

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Malaysia News News

Investors are risk averse as China data misses expectations and fears of US fiscal stimulus delay

Investors check stock information in Shanghai, China. Picture: REUTERS/ALY SONG

South Korean stocks fell 1.27% after authorities reported the largest number of new coronavirus cases since March. The S&P 500 ended slightly lower on Thursday after briefly trading above its record closing high level for a second day as doubts about US stimulus measures took hold. Some traders stuck to the sidelines before a meeting between US and Chinese officials about their phase 1 trade deal on Saturday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines