Daily Morning Note | December 03, 2021
Asian stocks looked set for a mixed start Friday amid easing concerns over the omicron virus strain but hurdles for Chinese technology firms. Treasury yields rose after comments from Federal Reserve officials.
Australian equities advanced and futures pointed higher for Japan. Hong Kong contracts slipped after a slide in Chinese shares traded in the U.S. over the risk of delisting for flouting disclosure rules.
Dip buyers bolstered U.S. stocks sensitive to the economic outlook, fueling the S&P 500’s best day since October in a choppy week. U.S. futures fluctuated.
Treasuries slid and the yield…
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