Asia-Pacific markets jump as U.S. stocks rally; investors await Australian jobs data
Asia-Pacific markets jumped in early trade on Thursday, following a surge in the U.S. markets overnight as tech stocks rallied.
Japan’s Nikkei 225 bounced 1.58%, while the Topix was also up 1.09%. Auto and tech stocks jumped in early trading. Softbank was up 2.87%, while Sony rose 2.84%.
South Korea’s Kospi rose 0.83%. In Australia the S&P/ASX 200 was up 0.18%.
Meanwhile, Australia’s jobs data is expected to be released at 9:30 a.m. HK/SIN. It comes as coronavirus cases surged again in recent weeks in Victoria state. Authorities had to impose a night curfew and tighten restrictions again last week in Melbourne, Australia’s second-largest city, according to Reuters.
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