Asian shares rise on hopes the virus pandemic is nearing a peak and that governments would roll out more stimulus measures
A currency trader walks by the screens showing the Korea Composite Stock Price Index and the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Thursday, April 9, 2020
New York Governor Andrew Cuomo said the state's efforts at social distancing were working in getting the virus under control in one of the biggest hot spots in the United States. The S&P 500 gained 3.41 percent on Wednesday, helped by hopes the pandemic was nearing its peak. However, US stock futures gave up earlier gains to be down 0.27 percent
McDonald's Corp said global comparable sales tumbled 22.2 percent in March, while Starbucks Corp forecast a 47% drop in second-quarter earnings.
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