as the coronavirus continues to spread across the world and there are more emerging variants, pharma companies such as Pfizer and moderna will most likely to receive funding from governments and institutions to develop newer vaccines to counter against these new variants, so these stocks might continue to be bullish in the short to mid term, at least for the next two years. the decline for such stocks might come once governments start to accept covid-19 as an endemic and treat it as another type of flu....

Asia stocks set for cautious start after U.S. High: markets wrap
Asian shares looked set for a muted open Friday as the spread of the delta variant and China’s regulatory curbs subdue sentiment despite another record close on Wall Street.
Futures edged up in Japan and Australia but fell in Hong Kong. U.S. contracts were steady. Earlier, the S&P 500 hit a fresh peak, while the tech-heavy Nasdaq 100 also climbed. Ten-year U.S. Treasury yields reached a one-month high amid a tepid 30-year auction and data highlighting price pressures and a labor market recovery. A gauge of the dollar advanced.
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Asia stocks eye climb after U.S. rally on earnings
Asian stocks looked set to follow U.S. equities higher Friday after earnings helped Wall Street to a record close as some of the growth concerns stirred by the delta coronavirus strain eased.
Futures rose in Japan and Hong Kong and were steady in Australia. U.S. contracts fluctuated after the S&P 500 and Nasdaq 100 reached new peaks. A second weekly drop in U.S. jobless claims stoked optimism for a strong payrolls report Friday, which could spark market swings.
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Asia stocks set to dip as growth risk boosts bonds: markets wrap
Asian stocks look set to slip early Tuesday after U.S. equities turned lower, Treasury yields tumbled and oil slid on concerns that the economic recovery from the pandemic is losing momentum.
Futures fell in Japan and Australia and were little changed in Hong Kong. The S&P 500 ended with a modest drop and the 10-year U.S. Treasury yield fell as low as 1.15% as the pandemic and signs of robust but softer U.S. manufacturing growth soured sentiment. U.S. equity contracts were steady in early Asia trading....

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