Asian Shares Mixed As Worries Percolate Over Pandemic
Markets were mixed in
Stocks slipped in
Overnight,
At a
“In fact, even as Fed Powell has sounded caution about the strength and steadiness of a recovery — contingent on ‘keeping the virus under control' — the wider Fed positioning is not one of unbridled pipeline stimulus. And this may limit follow-through rallies in asset markets,"
That was despite a renewal of lockdowns to battle coronavirus outbreaks in
“The resilience of sales in
Among other concerns for investors are rising tensions between
Tensions flared Tuesday as President
China’s ambassador rejected all accusations against
The gains helped the market recover some ground lost a day earlier when stocks tumbled amid a raft of worries about the pandemic and how governments are responding to it.
The Dow Jones Industrial Average gained 0.5% to 27,288.18. The Nasdaq composite climbed 1.7% to 10,963.64 and the Russell 2000 index of small company stocks picked up 0.8%, to 1,496.96.
The
Sen. Feinstein: Next Supreme Court Justice Could Be Deciding Vote in November to Strike Down Health Care Law
Top Asian News 7:17 a.m. GMT
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