Global Markets Today: Asia, Europe Rise Cautiously As Virus Outbreak Weighs
Major world markets are trading in positive territory, but with investor caution, as rising coronavirus cases threaten the global economic recovery.
The Dow futures are trading lower by 0.24%, and the S&P 500 futures are down by 0.18% on the last check early Friday. WTI crude oil futures are up by 0.29% at $42.02, and gold futures have gained 0.20% at $1,865.20. Ten-Year Treasury yield is down by 1.3 basis points to 0.842%.
Asia: Japan’s Nikkei 225 fell 0.42% on Friday, down for the third consecutive session as rising COVID-19 cases dampen sentiment. The nation’s Core Consumer Price Index (CPI) fell 0.7% year-over-year in October and ticked lower by 0.1% MoM. The manufacturing and services activity shrunk in November due to nationwide lockdowns.
China’s Shanghai Composite benchmark gained 0.44% …