Asia Pacific stocks set to trade higher following overnight Wall Street surge

Stocks in Asia Pacific were set to rise at the open on Thursday following an overnight surge on Wall Street.

Futures pointed to a higher open for Japanese stocks. The Nikkei futures contract in Chicago was at 20,740 while its counterpart in Osaka was at 20,720. That compared against theShares in Australia were also set to see a positive start to their trading day. The SPI futures contract was at 5,604, as compared to theOn the economic data front, Japan's trade data for April is set to be released around 7:50 a.m. HK/SIN.

Investors will also likely continue to watch for developments on the coronavirus pandemic, as the World Health Organization said the number of newly reported cases globally , amid authorities around the world attempting to ease lockdown measures put in place to curb the virus' spread.

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Stocks open higher on Wall Street a day after a late slideStocks open broadly higher on Wall Street as investors regain their confidence following a sudden drop a day earlier. Big-name investor favorites like Facebook, Apple and Amazon helped pull the market higher. thank goodness, we're all safe now That's terrific. I would hate for investors to not feel confident while people are dying and have no money to pay their bills. I don’t think you know what broadly means.
Source: AP - 🏆 728. / 51 Read more »