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Wall Street climbs, Asia follows - MarketPulse

Wall Street climbs, Asia follows - MarketPulse
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Asian equities rise, ignore US NFP - MarketPulse


Asian equities rise, ignore US NFP
February 8, 2021SharePrint
Asian equities start the week on a positive note
On Friday, the weak US Nonfarm Payrolls report could not quash Wall Street’s fiscal stimulus animal spirits, which were helped along by a continuing stream of strong Q4 earnings releases. The S&P 500 rose 0.39%, the Nasdaq rose 0.57%, and the Dow Jones rose 0.28%. Futures on all three indexes have risen strongly by over 0.50% today in a Superbowl slipstream.
As noted above, the break of 29,000 today has seen the Nikkei 225 rise by over 2.0%. By contrast, the Kospi has edged 0.25% lower after Kia said it was not in electric car talks with Apple. Elsewhere though, it is a sea of green. ....

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