SYDNEY, NSW, Australia – Stocks in Asia took a back seat Friday as investors looked elsewhere for opportunities.
The rapid spreading of the Covid variant Delta has unnerved investors, as well as anxiety about the U.S. jobs report to be released later Friday by the U.S. Labor Department.
Tokyo’s Nikkei 225 managed a 91.94 points, or 0.33 percent gain to 27,820.04.
The Australian All Ordinaries also forged ahead, albeit by 27.80 points or 0.36 percent to 7,806.50.
China’s Shanghai Composite dipped 8.32 points or 0.24 percent to 3,458.23.
In Hong Kong, the Hang Seng dropped 25.29 points or 0.10 percent to 26,179.40.
The U.S. dollar was a fraction higher in the Asian trading zone on Friday. The euro dipped to 1.1823. The British pound slipped to 1.3918. The Japanese yen was unchanged at 109.72. The Swiss franc inched down to 0.9073.
The Canadian dollar fell a touch to 1.2505. The Australian dollar edged down to 0.7391. The New Zealamnd dollar was a whisker lower at 0.7047.
Overnight on Wall Street, the Nasdaq reached a new record high, closing 114.58 points or 0.78 percent higher at 14,895.12.
The Standard and Poor’s 500 also closed at an all-time high, gaining 26.44 points or 0.60 percent to 4,429.10.
The Dow Jones industrials advanced 271.58 points or 0.78 percent to 35,064.25.