U.S. stocks have recovered most of this year's losses, helping to push up global prices, despite rising numbers of American coronavirus infections that threaten to derail economic improvement. Investors are buying technology and other companies they expect to emerge stronger from the global downturn.On Wednesday, Wall Street turned in its sixth gain in seven days when the benchmark S&P 500 index closed up 0.8%. Amazon, Apple and Microsoft accounted for half that rise.
The Shanghai Composite Index rose 1.5% to 3,451.93 and the Nikkei 225 in Tokyo added 0.7% to 22,587.64. The Kospi in Seoul was 0.7% higher at 2,173.66 and Sydney's S&P-ASX 200 advanced 0.9% to 5,974.40. New Zealand, Singapore and Bangkok retreated while Jakarta rose. Optimism is rising about a reopening U.S. economy, but virus case numbers are rising across much of the South and West. Some state governments have reversed plans to allow restaurants and other businesses to reopen.Major companies are due to report quarterly results next week. They are expected to be dismal.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian-Canadians most likely to report noticing rise in racist incidents during pandemicCanadians with Asian backgrounds are far more likely than anyone else to report noticing increased racial or ethnic harassment or violence in their neighbourhood during the COVID-19 pandemic, according to new research from Statistics Canada. Well if more didnt give stink eye or at least try to speak english or have babies here and run back to china maybe the idiots wouldnt feel insecure
Source: CTVNationalNews - 🏆 82. / 51 Read more »
Asian shares mostly lower as pandemic saps buying momentumShares were mostly lower in Asia on Wednesday as uncertainty over the coronavirus pandemic sapped the buying enthusiasm that has been driving prices higher.
Source: CTVNews - 🏆 1. / 99 Read more »
TMX is beating New York and London as trading surge boosts stock almost 20%Only member of S&P/TSX Financials Index to have gained this year
Source: nationalpost - 🏆 10. / 80 Read more »
Asian shares mostly lower as pandemic saps buying momentumShares were mostly lower in Asia on Wednesday as uncertainty over the coronavirus pandemic sapped the buying enthusiasm that has been driving prices higher.
Source: CTVNews - 🏆 1. / 99 Read more »
Asian-Canadians most likely to report noticing rise in racist incidents during pandemicCanadians with Asian backgrounds are far more likely than anyone else to report noticing increased racial or ethnic harassment or violence in their neighbourhood during the COVID-19 pandemic, according to new research from Statistics Canada. Well if more didnt give stink eye or at least try to speak english or have babies here and run back to china maybe the idiots wouldnt feel insecure
Source: CTVNationalNews - 🏆 82. / 51 Read more »