Asian stocks mixed on fading US stimulus hopes, virus concerns


MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.1%. Australia's S&P/ASX 200 rose 0.6%, while Japan's Nikkei 225 fell 0.3%. Hong Kong's Hang Seng index futures were down 0.49%. E-mini futures for the S&P 500 were flat.

NEW YORK: Asian markets were off to a mixed start on Thursday as hopes of U.S. fiscal stimulus before the presidential election faded and a record number of new coronavirus infections in parts of Europe propelled investors toward safe-havens such as gold.

Downbeat comments from U.S. Treasury Secretary Steven Mnuchin that a stimulus deal was unlikely be made before the Nov. 3 vote weighed on fragile investor sentiment.

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