Asian markets changed little at the start of Friday’s trading, after stocks fell on Wall Street as the standoff over a second coronavirus aid plan continued to strain on Capitol Hill.
Nikkei 225 NIK of Japan,
almost fell, while Hong Hong HSI’s Hang Seng Index,
0.2% slide. SHCOMP Composite Shanghai,
down 0.2% and Shenzhen Composite 399106,
0.1% dip. Korea’s Kospi 180721,
down 1.4% while the benchmark index in Taiwan Y9999,
, Singapore STI,
, Malaysia FBMKLCI,
and Indonesia JAKIDX,
is mixed. S&P / ASX 200 XJO of Australia,
was reached in transactions in Tokyo while SoftBank 9984,
sink while in Hong Kong, Wharf Real Estate 1997,
increased like HSBC 5,
and PetroChina 857,
fall. Samsung 005930,
decrease in transactions in Seoul.
Stephen Innes, chief global market strategist at AxiCorp, wrote in a note by US lawmakers “a huge political delay poses some risk to the global recovery”. “However, there is no possibility that the deal will fail… and one thing investors feel confident about is that they prefer the higher stock, so look for a dip to buy with the last expectation. The deal will be successful ”.
House of Representatives Speaker Nancy Pelosi said yesterday that the two sides are still “miles away” in stimulating talks, and Senate Majority Leader Mitch McConnell has formally sent home senators for three weeks of summer vacation, even though they have can be withdrawn if there is a breakthrough to vote on.
US stocks fell in helpless trading. Dow Jones Industrial Average DJIA,
down 80.12 points, or 0.3%, to close at 27,896.72, while the S&P 500 SPX,
lost 6.92 points, or 0.2%, to close at 3,373.43, after hitting an intraday high of 3,387.24 to momentarily break February 19 close record at 3,386 , 15. Nasdaq Composite COMP,
up 30.27 points, or 0.3%, higher than the close at 11,042.50.