Asian markets rise as Wall Street eagerly awaits earnings

BEIJING — Asian stock markets rose Monday after Wall Street hit a high despite jitters about the spread of the coronavirus’s delta variant as investors looked ahead to U.S. earnings reports.

The Nikkei 225 NIK, +2.25% in Tokyo surged 2.2% and the Hang Seng HSI, +0.69% in Hong Kong gained 0.6%. The Kospi 180721, +0.86% in Seoul advanced 1% and Sydney’s S&P/ASX 200 XJO, +0.83% rose 0.6%. Markets in New Zealand NZ50GR, +0.58%, Singapore STI, +0.28%, Taiwan Y9999, +0.87% and Indonesia JAKIDX, +0.89% also advanced.“Wall Street shrugged off ‘delta variant’ concerns,” said Mizuho Bank in a report. “Futures suggest that the optimism will spill over into Asia’s equity trading session.

The Dow Jones Industrial Average DJIA, +1.30% gained 1.3% to a record 34,870.1. The Nasdaq composite COMP, +0.98% added 1% to 14,701.92. Over the weekend, the president of the European Central Bank, Christine Lagarde, told investors to prepare for new guidance on monetary policy after the bank’s July 22 meeting. But she gave no indication whether the bank would start winding down stimulus.

this is terrible news

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street ends choppy week with stocks higher; bond yields reboundStocks closed with solid gains on Wall Street Friday, ending a holiday-shortened week with their third straight weekly gain
Source: latimes - 🏆 11. / 82 Read more »

10 Asian and AAPI Artists to Add to Your Summer Playlist ASAPFrom dystopian beats to pop-y bops, here are 10 AAPI artists you should know.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Late Barrow strike ends Gamba's Asian Champions League hopesMo Barrow came off the bench to score two minutes from fulltime and earn Jeonbuk Motors a 2-1 win over Gamba Osaka in Group H of the Asian Champions League in Tashkent on Saturday, ending the Japanese club's hopes of advancing to the last 16.
Source: Reuters - 🏆 2. / 97 Read more »

Wall Street ends choppy week with stocks higher; bond yields reboundStocks closed with solid gains on Wall Street Friday, ending a holiday-shortened week with their third straight weekly gain
Source: latimes - 🏆 11. / 82 Read more »

18 Cheap (But Expensive-Looking) Area Rugs You Can Buy on AmazonAn affordable and stylish area rug can be the best bang for your buck if you're looking to add depth and style to any room Great suggestions!
Source: NYMag - 🏆 111. / 63 Read more »

Kyle Dion Taps Ja Rule for New Song 'Placebo'Rising singer Kyle Dion has tapped Ja Rule for a new song, 'Placebo,' off the latter's upcoming new album. His star might come crashing down after doing a record with that bum. We need spend this !! We need it ! Help us Charing this SOSCuba plis !! Do you know what “latter” means?
Source: RollingStone - 🏆 483. / 51 Read more »