Global Markets: Asia Stocks Rebound, Hopes of More Stimulus Offset Covid-19 Worries


Source: news18.com news18.com

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MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.5%, paring a quarter of its 2% losses the previous day, while Japan's Nikkei was almost flat. 11:26 AM IST Share this: Asian shares eked out gains and U.S. stock futures bounced back on Friday as hopes of more government spending around the globe suppressed concerns about rising new coronavirus case numbers and worsening tensions between Washington and Beijing. MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.5%, paring a quarter of its 2% losses the previous day, while Japan's Nikkei was almost flat. In China, the CSI300 index climbed...