Asian stock markets follow Wall Street higher – KOB

Asian stock markets follow Wall Street higher – KOB

Forecasters believe the recovery may be too early to be supported by uncertain economic activity. The major market benchmarks have been lifted by the outperformance of large companies, while smaller stocks are still declining.

The global economy “offers little reason for optimism,” Mizuho Bank said in a report.

If a “second wave” of infections occurs, further restrictions on business and…

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