Asian stocks are set to open weaker on Tuesday after U.S. equities ended lower on concerns over prospects for economic stimulus and increasing coronavirus cases. Bonds rose and futures fell in Australia and Hong Kong. After approaching the threshold that many investors consider to be a market correction, the S&P 500 came off session lows as the Nasdaq 100 climbed. The dollar rose the most in three months against its major peers. Japan is shut for a holiday and cash Treasuries won’t trade until the London open. Oil declined the most in almost two weeks and gold tumbled.
No comments:
Post a Comment