Asia shares set to rise after US equities hit new record in tech spike | Malay Mail

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WASHINGTON, Aug 27 — Asian stocks will likely climb today after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the US Federal Reserve possibly sets a new course on inflation. A gauge of global equity markets, MSCI’s...

Thursday, 27 Aug 2020 07:08 AM MYT

A gauge of global equity markets, MSCI’s all-country world index surged past the pre-Covid high reached in February as technology stocks jumped after Salesforce.com Inc raised its annual revenue forecast on surging demand for the company’s online business software.Japan’s Nikkei 225 futures fell 0.04 per cent, while the Nikkei 225 index closed the overnight session down 0.03 per cent at 23,290.86 .Shares of big companies like Apple Inc, Alphabet Inc, Amazon.

Adding to the upbeat mood was an analysis of early-stage data from Moderna Inc’s experimental Covid-19 vaccine that showed the vaccine induced immune responses in older adults similar to those for younger participants.

 

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