Stephen Innes: Last News

Asian shares mixed amid vaccine optimism, US tech sell-off

TOKYO – Asian markets were mixed Tuesday after a sell-off of shares in technology companies on Wall Street.

Tokyo was closed for a national holiday. South Korea's Kospi slipped nearly 0.2% to 3,074.76. Australia's S&P/ASX 200 gained 0.9% to 6,839.20. Hong Kong's Hang Seng jumped 1.0% to 30,618.85, while the Shanghai Composite lost 0.5% to 3,623.99.

“Thankfully, for society at large, there is more optimism than fear today, with vaccines showing scientific results on the ground that validate efficacy and effectiveness over transmission, leading the world back to normality starting soon,” said Stephen Innes, chief global markets strategist at Axi.

Although the world's economies have been battered by the coronavirus pandemic, the deployment

pandemic vaccine economy

Stephen Innes

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