Asia Pacific stocks set to trade mixed as coronavirus concerns linger

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Asia Pacific stocks set to trade mixed as coronavirus concerns linger
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Stocks in Asia Pacific were set for mixed trading at the Thursday open as investors continue to weigh the implications of a recent uptick in coronavirus cases in certain U.S. states.

Futures pointed to a mixed open for Japanese stocks while shares in Australia were set to dip.

Investor reaction to a recent surge in Covid-19 cases stateside will be watched on Thursday, with the number of coronavirus hospitalizations across Texas surging about 11% in a single day on Wednesday. In comparison, a recent jump in infections in the Chinese capital of Beijing led the city to cancel flights, close schools as well as block off some neighborhoods, according to Reuters.

Stocks in Asia Pacific were set for mixed trading at the Thursday open as investors continue to weigh the implications of a recent uptick inFutures pointed to a mixed open for Japanese stocks. The Nikkei futures contract in Chicago was at 22,510 while its counterpart in Osaka was at 22,430.

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