Netflix stock price falls 5% on Tuesday. Why? Read the news.
Asia stabilizes after soar
On Wednesday, Asian equities stabilized, taking a breather after the previous day's ascend and also unable to keep up with a global soar caused by revenues for tech equities on Wall Street as well as miners in Europe.
The US currency was buoyant versus the euro and yen before a gathering of key bankers later in the week.
MSCI's broadest index of Asia-Pacific equities outside Japan that initially tacked on to a two-week maximum, pulled back to fluctuate a bit following Tuesday’s 0.7% surge.
Australian equities slumped 0.4%, while South Korea's KOSPI gave back earlier modest revenues to stand intact.
Japan's Nikkei N225 managed to buck the trend, gaining 0.5% because the greenback strengthened versus the Japanese yen.
European shares had also soared overnight, underpinned by positive results from miners as well as a weaker euro.
Meanwhile, copper retreated from a three-year maximum, while other base metals dropped too or trimmed revenue.
Three main drivers of the market: the stimulus package, the US presidential election and the coronavirus. Let's look how market reacts.
The US Department of Justice thinks 87% a market share is too much for Google alone. The market thinks it's ok.
EU Flash Manufacturing & Services PMI will come out on Friday at 11:00 MT time!