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Indian stocks surge on signs that pandemic may be waning

Bloomberg Indian stocks soared as trading resumed after a holiday, tracking gains in equities across Asia, on optimism that the deadly coronavirus pandemic may be waning in some key global hot spots. The benchmark S&P BSE Sensex rose 7% as of 1:21 pm in Mumbai, while the NSE Nifty 50 Index advanced a similar amount. Markets are only open three ...

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Stocks extend gains with US futures; bonds drop

Bloomberg Stocks in Europe and Asia gained on Tuesday alongside US equity futures amid continuing optimism the spread of coronavirus may be slowing in major economies. Bonds extended declines and the dollar weakened. The Stoxx Europe 600 Index jumped at the open as every major national gauge in the region advanced. Futures for the three main American benchmarks also all ...

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Japan bulls see stock recovery on stimulus

Bloomberg Prime Minister Shinzo Abe’s plan to declare a state of emergency in parts of Japan to contain the coronavirus was surprisingly well-received in the stock market, with many participants feeling confident that local equities have bottomed. Abe unveiled a stimulus package totaling $990 billion on Monday, and later on Tuesday declared a state of emergency for Tokyo, Osaka and ...

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