NEW YORK — Asian stocks were expected to rise on Thursday, as hopes of a robust economic recovery offset concerns over flare-ups in the coronavirus pandemic, and as investors looked ahead to earnings season.
Australian S&P/ASX 200 futures were up 0.85%, Japan’s Nikkei 225 futures added 0.16%, and Hong Kong’s Hang Seng index futures rose 0.82%.
E-mini futures for the S&P 500 edged up 0.08%.
“Risk sentiment remains resilient ahead of next week’s key earnings reports,” said NAB economist Tapas Strickland.
He singled out earnings from JPMorgan, Citigroup, and Wells Fargo on Tuesday, as well as tech heavyweights of Microsoft and Netflix on Thursday.