Hong Kong futures were up 0.23 per cent and Nikkei futures were trading above the Nikkei 225 index's previous close, pointing to an opening advance of 0.14 per cent. — Reuters pic
Hong Kong futures were up 0.23 per cent and Nikkei futures were trading above the Nikkei 225 index's previous close, pointing to an opening advance of 0.14 per cent. The Dow Jones Industrial Average rose 0.68 per cent and the S&P 500 gained 0.64 per cent. The Nasdaq Composite added 1 per cent, marking the fourth straight day of record peaks and closing highs as the tech-heavy index ended the session above 11,000 for the first time.The euro climbed to its highest against the US dollar since May 2018 before paring gains and the greenback slumped to a two-year low against a basket of major currencies .
“This July read will also represent the last month of hiring that has been a factor of re-openings ― the August print will be a whole new game, hence why we need to see a fiscal stimulus agreement through Congress sooner,” Chris Weston, head of research at Pepperstone, said in a market note.
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