(Bloomberg) — Asian stocks climbed with U.S. and European futures amid tentative steps to restart the American economy and progress on the fight against the coronavirus. Traders looked past Chinese data showing its economy contracted for the first time in decades.Shares saw strong gains across the region, while contracts on the S&P 500 jumped over 3%. Treasuries fell with the dollar. Earlier, President Donald Trump outlined plans for the reopening and investors assessed a report that Gilead Sciences Inc. is seeing improvements in coronavirus sufferers taking its drug. Oil fluctuated around $20 a barrel. Gold slipped, though the yen strengthened …read more
Source:: Yahoo Finance
