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U.S. equity index futures and the major......>

STOCKS
STOCKS: U.S. equity index futures and the major regional equity markets were
well bid in Asia-Pac hours, on the back of hopes surrounding medical treatment
for COVID-19 (although this is heavily caveated in a story that has been well
documented in the last few hours), with global equities advancing since the Wall
St. closing bell rang. That being said, the aforementioned metrics are off of
their best levels, likely on the back of the caveated nature of the story &
chequered Chinese economic data, headlined by the first negative Chinese GDP
reading on record.
- Elsewhere, risk was also supported by a CNBC story noting that "Boeing is
planning to resume commercial aircraft production at its Seattle-area factories
as early as April 20 with new physical-distancing measures aimed at preventing
the spread of COVID-19."
- Nikkei 225 +2.2%, Hang Seng +2.2%, CSI 300 +1.2%, ASX 200 +1.7%.
- S&P 500 futures +85, DJIA futures +814, NASDAQ 100 futures +171.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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