Asian shares turn mixed, oil rebounds in choppy trade [Reuters (UK)]
S&P Global Inc. (SPGI)
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Source: Reuters
Asian shares turn mixed, oil rebounds in choppy trade - Reuters 4 Min Read SYDNEY (Reuters) - Asian stocks were mixed on Wednesday after two sessions of sharp gains as investors tempered their optimism about the coronavirus while death tolls were still mounting across the globe. While the number of COVID-19 hospitalisations seemed to be levelling off in New York state, deaths across the United States jumped by a record of more than 1,800. Mainland China’s new coronavirus cases also doubled in 24 hours due to infected travellers returning from overseas. Adding to the uncertainty were wild swings in the oil market, where prices rebounded in Asia after sliding on Tuesday, leaving traders feeling dizzy. [O/R] U.S. crude CLc1 futures jumped 6.4% to $25.18 a barrel, having shed 9.4% the session before, while Brent crude LCOc1 added $1.02 to $32.89. The erratic action was mirrored in equities with MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS first falling almost 1
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SPGI
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