Asia stocks drift lower as holiday lull counters trade cheer | Malay Mail

Investors look at screens showing stock information at a brokerage house in Shanghai, China May 6, 2019. — Reuters pic

Wall Street's main indexes posted record closing highs yesterday after US President Donald Trump said an initial US-China trade pact would be signed soon. “No one can predict what will happen with US-China relations, and the US still has some tariffs on Chinese goods in place.” Shares of Boeing Co gave the Dow a big boost after the planemaker ousted its chief executive officer over a prolonged crisis following two fatal crashes of its best-selling 737 MAX jetliner.

Against the euro, sterling was quoted at 85.72 pence, close to its lowest since November 22. The pound traded at US$1.2944, close to its lowest since December 2.

Oh lulled me to sleepiness indeed.

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