|Day's Range||10,385.18 - 10,465.84|
|52 Week Range||9,319.28 - 11,261.68|
Asian markets were mixed Friday, with stocks in Hong Kong and mainland China retreating amid ongoing trade tensions with the U.S.
Asian markets were mostly higher in early trading Wednesday, following gains on Wall Street after stocks started the week down on fears of an escalating trade war between the U.S. and China.
Investors in Asia are catching their breath. Korea’s Kospi Index also retreated as Seoul returned from a Monday holiday. U.S. Trade Representative Robert Lighthizer said the U.S. plans to raise tariffs on Chinese goods on Friday, confirming Trump’s tweet threats.
Stocks in China were looking at the biggest one-day decline since February 2016, as global markets tumbled on Monday as trade negotiations between the U.S. and China appeared to be on the verge of collapse.
Asian markets were mostly lower Friday, as investors took in the effects of comments by Fed Chairman Jerome Powell and the latest round of U.S.-China trade talks.
Some surprising comments from Federal Reserve Chairman Jerome Powell Wednesday sent U.S. stocks tumbling and the dollar higher, noting “transitory” factors may be responsible for persistent weak inflation and throwing cold water on hopes of an imminent interest-rate cut. The market “wants the Fed to recognize that inflation is low and consider cutting rates later this year, but when they say low inflation is transitory that sounds like they are in no hurry to cut rates and were maybe even thinking that if it bumps up we might talk about raising rates and I think that’s why the market had a bad reaction,” Jim Bianco, president of Bianco Research, said on Bloomberg TV. Asia was largely unfazed.
Asian markets were mixed in early trading Thursday, as the Fed left interest rates intact and the latest round of U.S-China trade talks concluded.
Asian markets were mixed in early trading Tuesday, as a fresh round of U.S.-China trade talks were set to kick off in Beijing.
Our call of the day, from Bank of America Merrill Lynch seeks to cool those feverish brows, worried that seemingly unstoppable tech stocks could be nearing a “melt-up”.
Concerns over the global economy hurt enthusiasm for stocks in Asia, with China indexes suffering sharp drops.
Asian markets were mixed in early trading Wednesday, surrendering early gains, after the S&P 500 and Nasdaq closed at all-time highs.
China stocks were down Monday following the Easter holiday weekend as investors looked ahead to U.S. and Japanese economic data.
ASIA MARKETS Asian markets were mixed in early trading Thursday, tracking Wall Street’s lackluster trading day. Markets largely shrugged off a report that the U.S. and China may sign a long-negotiated trade deal in late May or early June, as well of claims that North Korea test-fired a new tactical guided weapon, its first such test since November.
Asian stocks were mixed in a narrow range Wednesday as China announced its economy grew at a 6.4% annual pace in the last quarter.
Anyone holding mainland Chinese shares has a wide smile on their face after the first quarter of this year. The Shanghai and Shenzhen markets have been the strongest performers in the world. The longer-term fallout from the trade wars is having worse effect elsewhere in Asia than in the Middle Kingdom.
Asian markets largely gained in early Tuesday trading, a day after a regional sell-off sparked by fresh worries of a U.S. recession.
Asian markets were mixed in early trading Friday, as investors pondered the effects of the U.S. Federal Reserve’s more dovish stance.
Asian markets had a mixed session Thursday after the U.S. Federal Reserve kept interest rates unchanged and indicated there would be no rate hikes for the rest of the year.