Asia stocks set to rise as Wall Street shrugs off virus fears and touches record highs

  • 📰 CNBC
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Stocks in Asia were set to trade higher on Wednesday following overnight momentum from Wall Street as the S&P 500 and Nasdaq Composite touched fresh record closing highs.

Meanwhile, stocks in Australia rose in early trade, with theOvernight on Wall Street, the S&P 500 closed 0.2% higher at 3,357.75 while the Nasdaq Composite advanced 0.1% to end its trading day stateside at 9,638.94. TheThe moves came after U.S.

Powell's comments come as investors continue to grapple with uncertainty surrounding the virus that has already taken more than 1,000 lives, with most of them coming from China, where the outbreak was first reported. "Based on comments, it is clear that the Fed is unfazed because China has taken strong measures to contain the virus and provide liquidity. There are very few cases in the US and so far, the impact on the US economy is limited," Kathy Lien, managing director of foreign exchange strategy at BK Asset Management, wrote in a note dated Feb. 11.

Lien warned, however, that "many factories supplying US business in China remain shut and flights to China remain canceled.", which tracks the greenback against a basket of its peers, was last at 98.749 after declining from levels above 98.8 seen earlier.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Nothing to see here, folks. Just another day in China...spraying the streets and buildings with bleach!

Can we all just take a minute to reread, and then process this headline

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

China's return to work lifts local stocks while rest of Asia trailsAsian shares fell on Monday as the death toll from a coronavirus outbreak exceed...
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Warner Music Group’s IPO Confirms Industry’s Sexiness to Wall StreetWith Universal Music Group recently valued at $33 billion — as part of its agreement to sell 10% of itself to a consortium led by Chinese tech giant Tencent — it’s really no surprise that its compe… warnermusic warnermusic Absolutely gross headline here
مصدر: Variety - 🏆 108. / 63 اقرأ أكثر »

RBC hikes Nvidia's price target to highest on Wall Street ahead of earningsNew for subscribers: RBC hikes Nvidia's price target to highest on Wall Street ahead of earnings Check out CNBCPro and get your first 30 days free.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »