Market rally loses steam amid worry about US jobless numbers
A two-day equity rally has petered out as investors sell riskier currencies and stimulus negotiations drag on in Washington
26 March 2020 - 07:52
Singapore — A two-day equities rally lost momentum on Thursday, and investors sold riskier currencies, as stimulus negotiations dragged on in Washington and investors fretted over a likely spike in US jobless claims.
MSCI’s broadest index of Asia-Pacific shares outside Japan wobbled either side of flat. Japan’s Nikkei slumped 4% and US stock futures fell 1%...
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