7 KILLED, HUNDREDS INJURED AS STRONG QUAKE HITS SULAWESI, INDONESIA
VATICAN: POPE FRANCIS, FORMER POPE BENEDICT BOTH GET COVID-19 VACCINE
AUSTRALIA REBUKES GOOGLE FOR BLOCKING LOCAL CONTENT
JAPAN TO BAN ENTRY OF FOREIGN ATHLETES TO TRAIN AHEAD OF SUMMER OLYMPICS
BIDEN INAUGURATION WILL FEATURE DIVERSE PERFORMANCES INCLUDING LADY GAGA, JENNIFER LOPEZ
COURT ORDERS ARREST OF COPS ACCUSED OF KILLING ARMY MEN IN JOLO
THE PANDEMIC SLAMS PHL VEHICLE SALES IN 2020
CHESS PLAYER WESLEY SO BAGS P11.8M, JOINS WORLD’S TOP ESPORT EARNERS
ZSA ZSA PADILLA FINALLY VISITS THE GRAVE OF ‘COMEDY KING’ DOLPHY AGAIN
DUTERTE: PRESIDENCY JOB NOT FOR A WOMEN

ASIAN STOCKS SET TO DIP AFTER U.S HALTS STIMULUS TALKS

5 months ago | World Business News | 0 comments

By Xai Reyes

Asian stocks were set to open lower on Wednesday, weighed by a weaker Wall Street finish after US President Donald Trump dashed hopes for a fourth stimulus package with a tweet.

Futures for the S&P 500 fell 0.58% in early trading, while Australia’s S&P/ASX 200 futures and Japan’s Nikkei 225 futures lost 0.29% and 0.17%, respectively.

Wall Street had initially moved higher on Tuesday on news that President Trump had returned to the White House from his COVID-19 hospitalization, removing some of the political uncertainty that hit investor sentiment last week.

However, those gains sharply reversed when the president announced on Twitter that he had halted negotiations for additional stimulus until after the election.

0 Comments

Submit a Comment

Your email address will not be published.

Social Media