|Day's Range||10,835.84 - 10,972.41|
|52 Week Range||10,189.04 - 11,270.18|
Investors “were expecting tariffs of 25% and instead only got ones of 10% for now so the reaction is quite positive.”
ASIA MARKETS Asian stock markets ended generally weaker, though Japanese equities pulled off a small gain to notch the benchmark’s eighth straight day of gains. After surging nearly 1% in morning trading and briefly breached the 23,000 level, the Nikkei (JP:NIK) gave up most of those gains.
ASIA MARKETS Asian stock markets started lowed Wednesday, even as worries eased over Turkey’s currency crisis. Benchmarks in Taiwan, Hong Kong and China were down about 1%, with tech stocks continuing to sell off.
Asian stocks, after initially holding up Thursday morning following the latest U.S.-China trade developments, started sliding as China’s market opened.
After some initial sluggishness, Asia Pacific stocks generally improved as Wednesday’s trading day progressed. But there were no blowout gains occurring with nearly all rising indexes up no more than 0.5% and many seeing advances of 0.2% of less.
Most Asian stocks ended lower Thursday. Early gains inspired by U.S. markets, where stocks got a boost from a Federal Reserve report that painted a rosy picture of the U.S. economy, faded.
There’s little room left for further gains in Taiwan equities this year as central banks tighten, according to a survey.