|Day's Range||20,922.00 - 21,117.22|
|52 Week Range||18,948.58 - 24,448.07|
U.S. stocks rose Friday on thin volume before the holiday weekend, but the gains weren’t enough to compensate for a week of market turmoil stoked by trade tensions. The S&P 500 Index put in its third straight weekly decline as concerns mount that the trade dispute between the U.S. and China could cripple global growth, with disappointing American factory data Thursday hinting at the fragility of the expansion.
Hang Seng Gains with the Rest of Asia, Nikkei 225 FallsHang Seng gainsWhile the Shanghai Composite Index remained flat and the Shenzhen Composite dropped, Hong Kong’s Hang Seng Index recovered today. The index gained 0.32% after dropping 1.58% on
Asian markets finished mixed Friday, after a Wall Street selloff as investors remained concerned about the possibility of a protracted trade war.
TOKYO (AP) — Global stocks are rebounding following Thursday's sell-off, with markets hoping for an easing in the U.S.-China trade dispute and after British Prime Minister Theresa May said she plans to resign as of June 7.
CEO Koji Nagai will forgo 30% of his salary for three months, the firm said after finding that a researcher at an affiliate shared information on potential changes to the Tokyo Stock Exchange sections inappropriately. Japan’s financial regulator plans to order the brokerage to improve internal controls, a person with knowledge of the matter said earlier, in what will be the first such action against Nomura since 2012. The incident could hinder Nagai’s plan to turn around Japan’s biggest brokerage after posting the first annual loss in a decade.
Japan's Nikkei share average dipped on Friday as escalating tensions between Washington and Beijing over trade and technology firms weighed on investor appetite. The Nikkei ended the day 0.16% lower at ...
President Donald Trump predicts a swift end to the ongoing trade tensions. Prime Minister Theresa May announces she will resign as party leader on June 7. European stocks traded higher on Friday, with investors returning to risk assets as fears over the United States - China trade battle receded.
On Thursday, a number of firms released news reports warning the trade war was getting worse including economists and strategists from Nomura, Goldman Sachs and Bank of America.
Japan's Nikkei share average dropped on Friday, as concerns about escalating tensions between Washington and Beijing over trade and technology firms sapped investor appetite while steep losses in oil prices ...
Asia Pacific markets were mixed on Friday as investors remained worried over trade tensions between the United States and China.
The yen gained against the dollar, while 10-year Treasury yields fell to their lowest since 2017. The S&P 500 Index dropped for a fourth session in five, and the Dow Jones Industrial Average lost 286 points, after the Chinese Communist Party’s flagship newspaper published two commentaries assailing U.S. moves to curb Chinese companies. Stocks in industries seen as susceptible to trade disruptions -- including semiconductors, automobiles and energy -- retreated.
Developed Asian-Pacific Indexes Fall on 'Long March' FearsHang Seng follows ChinaYesterday, Chinese Indexes and Hong Kong’s Hang Seng diverged with the former posting losses and the later rising marginally. However, the Hang Seng followed Chinese
ASIA MARKETS Asian markets fell Thursday, following Wall Street’s lead as the U.S. and China appeared to brace for a prolonged trade standoff. After last week’s escalation of tariffs, no new trade talks have been scheduled, and many analysts suspect a breakthrough will require an intervention at the top before the Group of 20 major economies meets next month in Osaka, Japan.
Japan's Nikkei dropped on Thursday after renewed U.S.-China trade tensions dragged down technology shares, while index-heavyweight SoftBank Group fell more than 5 percent. TDK Corp dived 6.5%, Advantest Corp declined 2.6%, Tokyo Electron shed 2.5%, and Sony Corp slid 3.7%. "Investors are worried that the U.S. may put restrictions on more companies in the future, not just Huawei and Hikvision," said Takuya Takahashi, a strategist at Daiwa Securities.
The early weakness in Asia appears to be a reaction to Wednesday’s performance on Wall Street. Shares in the U.S. were under pressure all session after U.S. Treasury Secretary Steven Mnuchin essentially said trade talks had stalled with no new negotiations scheduled. This made investors nervous because it dampened hopes of a speedy resolution to the trade war.
Japan's Nikkei dropped on Thursday morning after renewed U.S.-China trade tensions dragged down technology shares, while index-heavyweight SoftBank Group fell more than 5 percent. The Nikkei share average ...
Japanese manufacturing activity slumped in May as export orders from the world’s third-largest economy fell at their fastest rate in four months, according to early results from a private survey. The ...
Japanese manufacturing activity swung back into contraction in May as export orders fell at the fastest pace in four months, highlighting why policy makers and investors remain anxious about the growing economic impact of a bruising Sino-U.S. trade war. The Markit/Nikkei Japan Manufacturing Purchasing Managers Index (PMI) fell to a seasonally adjusted 49.6 in May from a final 50.2 in the previous month. The 50 mark separates contraction from expansion, and the latest result dashed expectations that Japan's crucial manufacturing sector had started to bottom out after shrinking in both February and March.
Treasury Secretary Steven Mnuchin told CNBC on Wednesday that a trip to Beijing to resume trade negotiations has not been scheduled yet, reducing hopes of a speedy resolution to the U.S.-China trade war. Meanwhile, restrictions on Chinese telecommunications giant Huawei have led China to rethink its entire economic relationship with the U.S., according to a report from The South China Morning Post.
Global equity markets slid on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc amid renewed worries over the U.S.-China trade standoff after reports the United States has another Chinese tech firm in its sights. Relief over Washington's temporary relaxation of curbs against China's Huawei Technologies Co Ltd faded after reports that the White House is considering further sanctions on Chinese video surveillance firm Hikvision. The yen and franc gained against the dollar and U.S. Treasury prices rose, but declines in U.S. and European equity markets were relatively subdued after recent sell-offs.
Most APAC Indexes Are in the Green amid the Trade War Escalation(Continued from Prior Part)Hang Seng rises marginally from 16-week lowWhile the mainland indexes turned to the red on May 22, the Hang Seng Index recovered slightly from its May 21