- Budweiser Brewing APAC posts profit attributable to shareholders US$898 million in 2019
- S&P 500 in US falls for fifth consecutive session
Good day, traders --
President Donald Trump reassured Americans that he has the coronavirus under control, saying the US stock market will recover because the economy is very strong.
Trump said part of the "hit" to US markets also has to do with concerns about the Democratic presidential field, and predicted US markets will "boom" if he is re-elected to a second term.
Trump's remarks came as global markets -- from New York to Tokyo, Shanghai and Hong Kong -- have seen losses on concerns the coronavirus is spreading beyond mainland China.
Keep up with the day's action in Hong Kong and mainland markets.
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*-- Kathleen Magramo and Deb Price in Hong Kong *
Note: Information in this blog is on an "as is" basis and not a solicitation or offer to buy or sell any securities or otherwise; and is not investment/professional advice or services in this regard. It is subject to our T&C. SCMP (as defined in T&C) shall not be liable for any loss, damage and costs relating to any investments in securities or otherwise in this connection.
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