Asia stocks set for higher open amid US-China trade optimism, S&P 500 record high

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The Office of the U.S. Trade Representative said Monday that Washington will consider extending certain tariff exclusions on $34 billion worth of imports from China.

Overnight on Wall Street, the S&P 500 scaled a record high as investors stateside cheered strong earnings and optimism on U.S.-China trade.

Shares in Asia were set to trade higher on Tuesday as investors monitor for further developments on the U.S.-China trade front with the two economic powerhouses working toward a deal. Futures pointed to a higher open for Japanese stocks, with the Nikkei futures contract in Chicago at 22,970 and its counterpart in Osaka at 22,960. TheMeanwhile, shares in Australia rose more than 0.2% in early trade, with majority of the sectors edging higher.

Investors will continue to watch for developments in U.S.-China trade. The Office of the U.S. Trade Representative said Monday that Washington will

 

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What trade optimism? Buying 2017 levels of soybean for no tariffs, is that your shitty optimism?

let the ccp collapse it about time anyways

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S&P 500 hits fresh all-time high, boosted by strong earnings and US-China trade progress'Things are moving in a positive direction, we believe most people are too overly pessimistic and we're actually very optimistic heading into year-end,' said Chris Zaccarelli of Independent Advisor Alliance. Thank you mister Trump!
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