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Asian shares near 1-wk highs but Delta woes mount - Netscape Money & Business

Asian shares near 1-wk highs but Delta woes mount By Swati Pandey Reuters SYDNEY (Reuters) - Asian shares advanced to one-week highs on Wednesday, led largely by strong U.S. corporate earnings, although the mood remained cautious as the rapidly spreading Delta variant of the coronavirus clouds the global economic outlook. MSCI s broadest index of Asia-Pacific shares outside Japan climbed 0.1% to the highest since July 26. Japan s Nikkei was in the red as were Chinese shares with the blue-chip index off 0.2%. Australian shares were a touch firmer but sentiment was marred by an unabating rise in Delta infections in Sydney, the country s biggest city.

Asian shares shrug off Delta woes to hit 1-week highs - Netscape Money & Business

Asian shares shrug off Delta woes to hit 1-week highs By Swati Pandey Reuters SYDNEY (Reuters) - Asian shares shrugged off caution over the rapidly spreading Delta variant of the coronavirus to advance to one-week highs on Wednesday led by strong U.S. corporate earnings and successful vaccine rollout globally. In a sign the positive mood will extend overseas, eurostoxx 50 futures added 0.3% while German Dax futures and those for London s FTSE were up 0.1% each. U.S. futures were slightly weaker with E-minis for the S&P 500 a nudge lower. Asian markets had started on a jittery note but bounced strongly in mid-morning trades.

World shares ride earnings to fresh high, dollar steady - Netscape Money & Business

World shares ride earnings to fresh high, dollar steady - Netscape Money & Business
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