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NEW YORK: The S&P 500 notched a record closing high on Friday with upbeat earnings reports helping to drive optimism about the economy along with hopes for successful Covid-19 vaccines, even as investors monitored a surge in virus cases and restrictions around the country.
TOKYO/BOSTON, Nov 12 (Reuters): Asian shares rose toward a more than two-year peak on Thursday, buoyed by sustained global stimulus efforts and hopes of a Covid-19 (coronavirus) vaccine, but some analysts warned of the risk of a correction lower.
NEW YORK: A weaker-than-expected election performance by Democrats and fears of new coronavirus restrictions have prompted investors to double down on high-flying technology stocks, which have come roaring back in recent days to put the Nasdaq within striking distance of a record.
KUALA LUMPUR: Malaysia's benchmark FBM KLCI accelerated its recovery from last Friday's sharp decline ahead of the tabling of Budget 2021, and as investor sentiment turned positive over the US election results.KUALA LUMPUR: Malaysia's benchmark FBM KLCI accelerated its recovery from last Friday's 28-point slump ahead of the tabling of Budget 2021.
NEW YORK: High-flying technology stocks boosted the S&P 500 index and healthcare led gainers on Wednesday as investors bet a divided U.S. government would stunt chances for big reforms for these sectors or corporate tax hikes.
TOKYO, Nov 2 (AP): Asian shares were mostly higher on Monday buoyed by further signs of recovery in China's manufacturing sector.
Asian stocks were set to join a global sell-off on Thursday as worries about surging coronavirus cases in Europe and the United States sent investors scrambling for safe-haven assets
SYDNEY: Australia’s two biggest share listings this year will highlight a polarised investment landscape: the strong, expanding allure of high-growth technology, versus entrenched demand for coal-linked assets that offer a steady stream of high dividends.
TOKYO, Oct 26 (AP): Asian shares were mostly lower in muted trading Monday amid widespread uncertainty over what the US presidential election will portend for markets and economic policy.
SINGAPORE: Singapore’s emergence from the Covid-19 shock is gathering pace, but that isn’t boosting the nation’s equity benchmark.