Global Markets: Asian markets seen firmer after Wall Street turns positive
Wall Street ended higher on Wednesday after investors ploughed into technology stocks, taking advantage of the recent dip. Stay-at-home companies such as Facebook Inc and Google-parent Alphabet Inc climbed, while electric-car maker Tesla Inc rebounded nearly 11% after suffering its biggest one-day percentage drop.
Asian markets are expected to swing higher on Thursday, after U.S. stocks reversed course from a three-day losing streak that led the technology-heavy Nasdaq into correction territory, Photo: Reuters