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Asian stock markets rebound, following Wall Street higher

Asian stock markets rebound, following Wall Street higher
Tuesday 11
4:43 2020

Wall Street’s benchmark S&P 500 index closed at a new high Monday, recovering from Friday’s decline. Anxiety about the virus has been partially offset by stronger U.S. corporate earnings and expectations global central banks will step in to support economic growth. AD Hong Kong’s Hang Seng index surged 1.3% to 27,601.30 while the Kospi in Seoul rose 1.3% to 2,230.71. The Shanghai Composite Index added 0.5% to 2,906.03. AD Tokyo’s Nikkei 225 lost 0.6% to 23,685.98 while the S&P-ASX 200 in Australia gained 0.7% to 7,062.90. New Zealand, Singapore and Indonesia also advanced. Asian markets slid Monday after analysts warned ...

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Read more from Washington Post : Asian stock markets rebound, following Wall Street higher
Washington Post : Asian stock markets rebound, following Wall Street higher

Summary: Asian stock markets have rebounded and followed Wall Street higher, at least temporarily shaking off jitters about China’s virus outbreak

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