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EQUITIES

Positive musings on the U.S. fiscal front and an apparent upturn in U.S. President Trump's health provided some support for the equity space during the first Asia-Pac session of the week, although trading continued to be hampered by a lack of liquidity owing to the ongoing Chinese holiday and various state holidays in Australia.

  • The NASDAQ 100 e-mini has outperformed among the major U.S. futures contracts, although the metric remains well shy of its pre-Trump COVID confirmation levels, whereas the S&P 500 and DJIA contracts have unwound their respective losses since that point in time.
  • Broader equity indices also drew support from the aforementioned drivers.
  • Nikkei 225 +1.4%, Hang Seng +1.4%, Shanghai Composite closed, ASX 200 +2.3%.
  • S&P 500 futures +25, DJIA futures +201, NSADAQ 100 futures +115.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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