Asia Shares Mixed Amid Jitters Over U.S. Stimulus, China Trade
Wednesday, 5 August 2020
Asian stock markets were mixed Wednesday amid investor concern about U.S. stimulus spending and a trade agreement with Beijing. Shanghai and Hong Kong advanced while Tokyo and Sydney retreated. Gold, which has set a string of records, rose again after a deadly explosion in Beirut. Investors are watching the stalemate among U.S. legislators over employment benefits for millions of Americans thrown out of work by the coronavirus pandemic and spending to shore up anemic economic growth. At the same time, news reports from Washington said Chinese and American trade envoys will meet this month...
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