Asian stock markets were mostly on Friday after Wall Street closed lower amid uncertainty about the US economic outlook. Overnight, the Wall Street benchmark S & P-500 index lost 0.3% after reports including one showing more layoffs. “This may indicate nothing more than a brief pause for repositioning, or a …
Read More »Chinese stocks fall after data, and as vaccine moves forward, hopes to fade
S Shares fell in Asia on Thursday as investors reflected on figures showing China’s economy returned to growth in the last quarter. The Shanghai SHCOMP Composite Index, -4.49% led the falls on Thursday, falling 4.2% to 3,262.41. Benchmarks also fell in Tokyo, Hong Kong, and Sydney. News that China’s economy …
Read More »July Empire State Index in positive territory for the first time since the pandemic began
The numbers: Business activity in New York State increased in July for the first time since the pandemic began in March, according to the New York Fed Empire State Manufacturing Survey released on Wednesday. The Empire State Trading Conditions Index rose to 17.2 in July from 0.2 negative in the …
Read More »Asian markets fall amid fears of coronavirus, friction between China and the United States
Shares fell in Asia on Tuesday due to skepticism about the recent upward momentum in world markets due to rising confirmed cases of coronavirus and straining strains between the United States and China. The White House decision to reject almost all Chinese maritime claims in the South China Sea increased …
Read More »Asian markets increase, with positive economic data outweighing fears of coronavirus
Asian stock markets rose on Monday as investors looked for data they hope will support optimism about a global economic recovery. Nikkei 225 NIK from Japan, + 1.82% up 1.4% and the Hong Kong Hang Seng HSI Index, + 4.10% gained 3%. The SHCOMP composed of Shanghai, + 5.71% increased …
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