Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
Asian equities neglect Wall St. weakness
On Tuesday, Asian equities rallied, shrugging off moderate losses on Wall Street. Meanwhile, expectations of another American interest rate lift in 2017 kept underpinning the evergreen buck.
The Eurostoxx 50 as well as Germany's Dax futures both slid 0.1%. Additionally, France's Cac futures and Britain’s FTSE both dipped a bit.
MSCI's index of Asia-Pacific equities managed to gain 0.6%.
As for Japan's Nikkei stock index, the given benchmark reversed early losses and concluded 0.6% higher because financial markets reopened after Monday’s public holiday.
China shares rebounded from the previous session's 21-month maximums because market participants took revenues on recent gainers and waited for third-quarter economic as well as earning reports. The blue chip CSI300 index sank 0.3%, the Shanghai Composite Index decreased 0.1%.
Korean stocks tacked on 1.6% on their first trading day this month because tech equities led by Samsung Electronics Co Ltd managed to catch up with revenues earned by global stock markets after a long break.
Will coronavirus continue keeping the markets in fear? What releases should we wait for? Find out in the news!
Tesla stock drops in premarket trades on Thursday. Why? See the article (it's short) and use it to your advantage.
The South African Finance Minister is delivering a budget speech today. There may be a strong impact on ZAR, so what's going to happen?
Canadian monthly GDP will be out at 15:30 MT time on Friday.
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.