Most Asian markets rise after Wall St record, eyes on jobs data


HONG KONG (AFP): Asian markets mostly rose Friday (July 2), tracking another New York record, with recovery optimism and vaccine hope trumping worries over a spike in new virus infections, while oil prices extended gains after OPEC failed to reach a deal on lifting output.

Traders are now looking forward to much-anticipated US jobs data later in the day, which will provide a fresh snapshot of the world's biggest economy and possibly give the Federal Reserve further reason to begin tapering its ultra-loose monetary policy.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asian , equities , July 2 , opening

   

Next In Aseanplus News

British newspaper groups warn Apple over ad-blocking plans, FT reports
Johor immigration nabs 40 illegals during Ops Sapu
Tennis-Tabilo beats Djokovic in huge upset at Italian Open, two days after bottle accident
Flash floods in Puchong Jaya to IOI Puchong, users advised to drive safe
Fierce fighting reported in northern Gaza amid mass evacuations; UN expresses extreme concern for civilians
Asean News Headlines at 10pm on Sunday (May 12, 2024)
High worldwide dengue numbers may not impact Singapore, say experts
Indonesian manufacturing sector remains expansive amid global slowdown, says minister
Thai police seize one tonne of crystal meth worth RM118mil
Car fells off bridge - One dead and five injured in major road crash in Philippines

Others Also Read