SINGAPORE, Aug 4 (Reuters): Shares advanced across Asia on Tuesday after Wall Street closed broadly higher on encouraging economic reports, starting off August by closing within 3% of the record high it set in February.
Investors appear to be shrugging off surging coronavirus caseloads in dozens of countries. According to the World Health Organization's tally, there were nearly 18 million confirmed coronavirus cases as of Tuesday, up from 10.2 million at the beginning of July, as outbreaks expanded or revived in many regions.