Asian stocks set for modest gains as tech woes check stimulus hopes

“It will be quite a mixed day,” said Ryan Felsman, senior economist at CommSec. “People are digesting the potential for a stimulus bill, and markets are very cautious on the back of that.”The White House and Democrats in the U.S. Congress moved closer to agreement on a new coronavirus relief package on Tuesday as President Donald Trump said he was willing to accept a large aid bill despite opposition from his own Republican Party. Negotiations will continue on Wednesday, an aide to top U.S.

Netflix, however, reported disappointing earnings, leading its shares to fall 6% after trading hours, a development that could cause an “overhang” in Asian trading, Felsman said.

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Asian stocks dip as U.S. political concerns growAsian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and as a deadline for Washington to pass an economic stimulus bill approached while Europe reported record daily coronavirus infections.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Japan stocks set to rise as investors watch U.S. coronavirus stimulus negotiationsThe Trump administration and Democrats made progress in negotiations on Tuesday but major differences remain, according to White House chief of staff Mark Meadows.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »