Asia seeing green after Aussie GDP March 3, 2021SharePrint Asia equities rally on vaccines and Australian GDP Equity markets are experiencing a wax on, wax off week, tail-chasing short-term momentum of whichever story carries the most weight on the day. Yesterday it was bubbles, which saw equity markets unwind part of the impressive rallies seen on Monday. The S&P 500 fell 0.81%, the Nasdaq plunged 1.60%, and the Dow Jones eased by 0.46%. US vaccine manufacturing progress and an impressive Australian GDP print which was higher than expected has lifted animal spirits today, though. US index futures have recovered in Asian trading, with the S&P and Dow futures rising 0.35%, and the Nasdaq futures rising 0.55%.