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Asia stocks set to rise as Wall Street jumps on lockdown easing hopes

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Asian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment, despite another decline in oil prices.

FILE PHOTO: People wearing protective face masks, following an outbreak of the coronavirus, are reflected on a screen showing Nikkei index, outside a brokerage in Tokyo, Japan February 28, 2020. REUTERS/Athit Perawongmetha

The Nikkei 225 futures NKc1 were up 3.05% from the cash contract's close on Monday.​ The Nikkei 225 indexAustralian S&P/ASX 200 futures YAPcm1 were up 0.09% and Hong Kong's Hang Seng index futuresAll three major U.S. stock averages advanced, and are all now within 20% of their record closing highs reached in February. The benchmark S&P 500 is on track for its best month since 1987, after trillions of stimulus dollars helped U.S.

 

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Cut China from The US financial system. Expel Chinese students. No Chinese tourist visas. 100% tariffs on Chinese goods. Sanctions and assets frozen.

NEW: Canada reports 1,605 new cases of coronavirus and 147 new deaths. A total of 48,500 cases and 2,707 deaths.

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