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Asian stocks open higher; Nasdaq futures rise

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Investors are in search of new catalysts to drive further gains in global equities following the 27% surge from the March lows.

Stocks in Asia edged higher with U.S. equity futures as earnings continued to roll in. The dollar maintained this week’s declines.

Shares in Sydney and Seoul opened with modest gains, though sentiment was capped after a warning from Samsung Electronics Co.

that earnings may fall in the second quarter as the pandemic hits demand. Nasdaq futures climbed after Alphabet Inc. reported better-than-estimated sales.

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