Asian stocks rose Thursday on China’s efforts to soothe market nerves and the Federal Reserve’s reassurance that it’s moving very gradually toward tapering stimulus if the U.S. makes more economic progress.
Hong Kong and Chinese shares outperformed at the open, rebounding from steep losses sparked by Beijing’s crackdown on private enterprises. MSCI Inc.’s Asia-Pacific gauge jumped about 1%. S&P 500 futures fell back after the index was little changed overnight, while Nasdaq 100 futures dipped as Facebook Inc. fell in extended trading on a cautious outlook.
"Market" - Google News
July 29, 2021 at 05:15AM
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Stock Market Today: Dow, S&P Live Updates for Jul. 29, 2021 - Bloomberg
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