city Beijing city Tokyo city Seoul city Shanghai city Hong Kong vaccine Government city Beijing city Tokyo city Seoul city Shanghai city Hong Kong

Asian stocks mixed amid vaccine, stimulus optimism

Reading now: 811
www.clickorlando.com

BEIJING – Asian stock markets were mixed Monday after Wall Street hit a new high amid optimism about government stimulus and the rollout of coronavirus vaccines.

Shanghai, Tokyo, Hong Kong and Seoul advanced. Wall Street’s advance Friday was led by stocks that would benefit if vaccinations and government spending boost the U.S.

economy as much as expected. Vaccines and stimulus have “helped to create an aura of high optimism,” John Bilton of JP Morgan Asset Management said in a report.

He said “above-trend global growth” should last into 2022 and regions such as Europe that are at “peak pessimism” due to vaccine delays should accelerate later this year.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA