Asian stocks lifted by vaccine hopes, but new cases cause concern


HONG KONG (AFP): Hopes for a vaccine helped push equities higher Friday (Aug 21) following another tech-inspired record on Wall Street, with investors brushing off a surprisingly weak US jobs report, though optimism remains checked by the spreading virus and the US stimulus stalemate.

While vast central bank support has helped fan a surge in equities globally, titans such as Amazon and Apple have been major winners as the pandemic confines billions to their homes, pushing the Nasdaq to numerous records.

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Asian , equities , market , Aug 21 , closing

   

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