Stocks Mixed, With Scrutiny on China Virus Cases: Markets Wrap

(Bloomberg) — Stocks in Asia were mixed as traders took in the latest China data on the coronavirus, which showed a daily increase in Hubei cases that’s smaller than yesterday’s, though still bigger than before the methodology changed.The yen was steady along with U.S. equity futures, while both global stocks and bond yields head for weekly advances on optimism about a v-shaped recovery from the virus. The yuan continues to trade stronger than 7 per dollar, while oil is above $51 a barrel in New York. Japanese shares fell and Korean stocks gained, while Hong Kong and Shanghai saw a …read more

Source:: Yahoo Finance