Asia shares seen higher but economic woes may cap gains
That left MSCI’s broadest index of Asia-Pacific shares excluding Japan .MIAPJ0000PUS rallying over 1%.It was still too soon to say the worst was over for financial markets.
“In the absence of COVID-19 vaccine we seriously question how much of the economy can re-open without threatening flare-ups in virus case numbers.” In the United States, which has recorded the highest number of casualties from the virus in the world, President Donald Trump said on Monday his administration was close to completing a plan to re-open the U.S. economy.
Wall Street indexes ended mixed on Monday with the Dow and S&P 500 falling while a 6.2% gain in Amazon shares helped the Nasdaq end higher.
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