Asian stocks follow Wall Street higher on trade optimism
5 years, 3 months ago

Asian stocks follow Wall Street higher on trade optimism

Associated Press  

BEIJING — Asian stock markets followed Wall Street higher Friday on optimism about U.S.-Chinese talks on ending a tariff war. Markets have soared and fallen during 12 previous rounds of talks that produced scant progress toward ending the costly fight over Beijing’s trade surplus and technology ambitions. “Are investors setting themselves up for disappointment?” Tokyo’s Nikkei 225 gained 1% to 21,761.25 and Hong Kong’s Hang Seng advanced 1.4% to 26,059.67. ENERGY: Benchmark U.S. crude rose 20 cents to $53.75 per barrel in electronic trading on the New York Mercantile Exchange.

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