Asian shares have opened mostly higher although markets in Shanghai and Hong Kong are lower. The advance followed a broad rally on Wall Street, with solid contributions from Big Tech companies, banks and other sectors. The S&P 500 rose 1.4%, while the Dow Jones Industrial Average and the Nasdaq each rose 1.6%. GameStop plunged 60% in the latest wild swing for the stock and several others that have become caught up in a speculative frenzy by online traders seeking to inflict damage on Wall Street hedge funds who bet the stocks would fall. UPS rose after reporting record revenue. Treasury yields rose, as did crude oil prices.
"asian" - Google News
February 03, 2021 at 10:22AM
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Asian shares mostly higher, China markets fall back - KTIV
"asian" - Google News
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