Major Asian stock markets were mixed Wednesday as U.S.-Chinese tension over Hong Kong competed with optimism about recovery from the coronavirus pandemic.
Hong Kong stocks fall as demonstrators take to the streets to protest proposal by China to supercede city government’s authority.
Asian markets fell in early trading Wednesday, as investors took remained cautious as the world’s economies slowly start reopening from coronavirus-related shutdowns.
Shares slipped in Asia on Friday as tensions flared between the U.S. and China and as more job losses compounded the economic fallout from the coronavirus pandemic.
Asian markets rose in early trading Tuesday, following sharp gains on Wall Street as the U.S. economy continued to slowly reopen and drug maker Moderna announced positive early results from a potential COVID-19 vaccine.
China set to tighten its grip on Hong Kong, U.S. theme parks get closer to reopening, shoppers aren’t showing up at malls, and other news to start your day.
Beijing’s plans for a controversial new security law in Hong Kong and worries over China growth are contributing to a weaker tone for equities.
Heidrick & Struggles International (NASDAQ:HSII) has had a rough three months with its share price down 32%. However...
Stocks poised to bounce back from a lousy finish to Tuesday trading, when the Dow Jones Industrial Average dropped almost 400 points in the final hour of trading to close near the lows of the day, down 1.6%. Shares are down another 5% in premarket trading Wednesday. Futures on the Dow and S&P 500 futures are both about 1.2%, while Nasdaq Composite futures have gained 1.1%.
Asian markets advanced in early trading Monday, as U.S. stock futures gained after comments from Fed chief Jerome Powell and crude oil prices rose toward a two-month high.
Shares of the most coronavirus and economically sensitive firms rose, allowing the Dow to close above 25,000 points for the first time since March 10.
Stocks started the day in the red on news that China has dropped its GDP growth target, and is moving forward with planned restrictions on Hong Kong. Shares wiped out most of the losses as the day went on.
Both retailers reported better sales than expected, but Home Depot’s earnings fell short of what Wall Street had anticipated.
Stocks are rising in premarket trading after Fed Chairman Jerome Powell spoke on the news program 60 Minutes on Sunday.
Asian markets were mixed in early trading Wednesday, following losses on Wall Street and as the world braces for a long economic recovery.
Asian shares rose Friday as markets meandered on news about economies reopening, mixed with worries about the prolonged health risks from the new coronavirus.
The market focus is shifting to how various nations are adapting to getting back to business, while striving to keep new COVID-19 cases in check.
Shares rose in Tokyo and Sydney, but fell in China and Hong Kong, where tensions are flaring over Beijing’s effort to exert more control over the former British colony.
Asian shares declined Thursday on pessimism about life getting back to normal soon amid the coronavirus pandemic, even as Japan prepared to let businesses reopen in some regions.
Asian markets were little changed in early trading Thursday, after Wall Street bounced back and Japan reported miserable exports data.