HONG KONG – Asian markets drifted Thursday as investors struggled to build on last month’s spectacular rally, with vaccine optimism largely priced in and any further advances kept in check by near-term virus concerns.
While met with great joy, the first approval of a Covid-19 drug by Britain on Wednesday had little impact on stocks as it had been widely expected soon.
Focus is now on regulators in the US and Europe, and the rollout that will allow life to get back to normal and the economy to get back on track.
There were also growing hopes that lawmakers on Capitol Hill are finally inching towards an agreement on a fresh rescue package for the beleague…
Keep on reading: Asian markets fluctuate after rally, eyes on US stimulus talks