Asian stocks were steady Thursday as investors await key U.S. employment data to assess when the Federal Reserve may start paring the substantial stimulus that has bolstered financial markets.
Equities rallied in Hong Kong amid a continuing rebound in Chinese technology stocks on bets that the pressure from Beijing’s regulatory crackdown has peaked. China’s market climbed, with traders assessing a central bank step to cushion the economy by helping smaller firms. Commodity-reliant Australia’s stock index slid on weakness in materials like iron ore.
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September 02, 2021 at 05:17AM
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Stock Market Today: Dow, S&P Live Updates for Sep. 2, 2021 - Bloomberg
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