Stocks in Asia poised to recover from earlier losses this week

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Shares in Asia were poised to see opening gains on Wednesday, from an earlier slump this week amid escalating tensions on the U.S.-China trade front.

In overnight markets stateside, stocks saw a bounce as they recovered partially from Monday's sharp losses.

On Monday, the Dow and S&P 500 fell 617 points and 2.4%, respectively, their worst performances since early January. The Nasdaq dropped 3.4%, its biggest one-day loss of 2019.Shares in Asia were poised to see opening gains on Wednesday from an earlier slump this week amid escalating tensions on the U.S.-China trade front.in Japan. The Nikkei futures contract in Chicago was at 21,165, as compared to the benchmark index's last close at 21,067.23.

Stocks in Australia were also set to gain, with the SPI futures contract at 6,251.0, as compared to theIn overnight markets stateside, stocks saw a bounce as they recovered partially from Monday's sharp losses. The

 

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USA stock market is poised to go up, reaching higher record highs.

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