Wednesday, 16 January 2019

Asian Shares Took A Breather On Wednesday After Rallying The Previous Day

Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May's deal to pull out Britain from the European Union.

US stocks rose on Tuesday as technology and internet stocks gained on Netflix Inc's plans to raise fees for US subscribers and hopes of more stimulus for China's slowing economy fostered a risk-on mood among investors.

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