Asian markets fall after Wall Street retreats on economic worries

Discussion in 'Off-Topic' started by truebluefan, Jul 10, 2020.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

    Joined:
    Apr 15, 2010
    Messages:
    212,768
    Likes Received:
    821
    Trophy Points:
    113
    Asian stock markets followed Wall Street lower Friday on worries economic recoveries might fade as coronavirus cases increase in the United States and some other countries.

    Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia retreated a day after strong gains driven by the rise of U.S. tech stocks.

    Global stock prices have recovered most of this year’s losses on optimism about a recovery from the coronavirus pandemic. But forecasters warn the rise might be too big and too fast to be supported by uncertain economic conditions.


    Read more https://www.marketwatch.com/story/a...treet-retreats-on-economic-worries-2020-07-09
     

Share This Page