Asia Stocks Trade Mixed; U.S. Oil Drops Past $16: Markets Wrap [Yahoo! Finance News]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
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Source: Yahoo! Finance News
) -- Asian stocks were mixed on Monday as investors looked toward a busy week for corporate earnings amid signs of an easing in the global coronavirus spread. Oil continued to plumb fresh lows.S&P 500 futures drifted after the index closed almost 3% higher Friday. Japanese and Australian shares opened lower, while Korean stocks rose. Oil dropped to the lowest since 2001 in New York. The dollar recouped some of its losses from Friday, and Treasuries were flat. West Texas Intermediate crude plunged past $16 a barrel.On the virus front, New York Governor Andrew Cuomo said the state may be past the high point of coronavirus deaths. Fewer daily deaths were reported in Italy, Spain and the U.K.Investors are also assessing attempts to restore economies. China’s markets will open after news late Friday on the Politburo calling for more stimulus. Germany is preparing for a limited reopen on Monday. In the U.S., House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin were optimistic ab
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