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Asian stocks bounce as investors welcome China virus response

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

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Asian stock markets recovered ground on Wednesday as China's response to a ...

Australia’s S&P/ASX 200 shrugged off worries to hit a fresh record high. E-mini S&P 500 futures ESc1 rose 0.5% and EUROSTOXX 50 futures .STXEc1 advanced 0.4%.

“But there have been no big further reported outbreaks, and the response from the Chinese authorities has been very, very positive ... China is 1.4 billion people. This is not the first time they’re tackling a bug that’s gotten out of hand.” MSCI’s airline industry index .dMIWO0AL00P posted its biggest daily drop in more than three months on Tuesday and shares in the industry were still falling on Wednesday.

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Asian stocks arrest slide but investors on edge over China virusAsian share markets steadied on Wednesday as investors took stock of the spread ... Didn't realize stock markets could get viruses Uh oh. Anyway, still sucks!
Source: Reuters - 🏆 2. / 97 Read more »