Asian stocks extend global rally to 7th day, US stimulus in focus By Reuters – Investing.com
- Date: 28-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Gulf
Asian stocks extend global rally to 7th day, US stimulus in focus By Reuters – Investing.com
By Kevin Buckland
TOKYO (Reuters) - Asian stocks put global equities on course for a seventh day of gains on Friday as investors bet the U.S. will lead the world out of the COVID-19 pandemic, with the focus turning to a multi-trillion dollar spending boost by the Biden administration.
Tokyo led the advance, with the jumping 1.9% early in the session. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3%, hitting its highest level this month, though Chinese blue chips slipped 0.1% just after the open.
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