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Asian stocks follow Wall Street higher on recovery hopes

China city Beijing Usa city Tokyo Brazil city Shanghai city Hong Kong pandemic Government Coronavirus
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BEIJING – Asian stock markets rose Monday after Wall Street advanced as investors looked past dismal U.S. jobs and other data toward hopes for a global recovery from the coronavirus pandemic.

Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia advanced. U.S. shares gained Friday despite a government report that American employers cut a record-setting 20.5 million jobs in April.

Investor optimism is gaining as China and some other countries begin to revive their economies. But with infection numbers still rising in the United States, Brazil and some other countries, analysts warn a global recovery might be some way off. “While the argument that forward-looking market hopes of recovery should override backward looking economic

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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