News Formal

Asian stocks set to gain after Wall Street's tech bounce

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Asian stocks were set to open higher on Wednesday after tech-fueled Wall Street gains although focus is shifting to renewed U.S.-Sino tensions, ...

NEW YORK: Asian stocks were set to open higher on Wednesday after tech-fueled Wall Street gains although focus is shifting to renewed U.S.-Sino tensions, which could weigh on investor sentiment.

Wall Street stocks rebounded on Tuesday, led by a 5.7per cent jump in Amazon.com Inc after Bernstein upgraded the stock to"outperform" on an expected boost from premium subscribers and third-party merchants even once the pandemic is contained. In Asia, Japan's markets reopen on Wednesday after a two-day public holiday, which could trigger some volatility.

Emerging market stocks lost 0.69per cent. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.01per cent lower.

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:

 /  🏆 6. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street opens higher as tech stocks bounceThe S&P 500 and Nasdaq indexes were set to open higher on Tuesday, with beaten-down shares of technology-related companies leading early gains, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »