Asia stocks higher following overnight Wall Street gains

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Asia stocks set to rise following overnight gains on Wall Street

The moves came after the U.S. temporarily backed off on restrictions on Chinese telecommunications giant Huawei.

The Commerce Department said Monday night it would allow Huawei to purchase American-made goods in order to maintain existing networks and provide software updates to existing Huawei handsets until Aug. 19. The move sought to minimize disruption for the telecom company's customers around the world. The initial restrictions worried investors that the ongoing U.S.-China trade war was intensifying.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

the bumpy ride isn't over yet, if anything it's just getting started.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks drop late in session on trade uncertaintyWall Street shares extended losses in late trade on Friday after CNBC reported t... 25,700 dow; it's all good folks. ahha time to buy.
Source: Reuters - 🏆 2. / 97 Read more »

‘Godfather’ of chart analysis says Wall Street shouldn’t bet on stock-market records anytime soonProminent market technician Ralph Acampora says Wall Street needs new highs for him to be confidently bullish about the outlook for the stock markets, after...
Source: MarketWatch - 🏆 3. / 97 Read more »

Cisco stock rises as earnings, revenue forecast top Street estimates amid tariffsCisco Systems Inc.’s stock rises in the extended session Wednesday after the networking company reports quarterly results that top Wall Street estimates and...
Source: MarketWatch - 🏆 3. / 97 Read more »

Pinterest plunges after earnings but Wall Street analysts are sticking with the stockWall Street analysts are sticking by the stock in the wake of the company's big miss. For how long? It’s not profitable and it hasn’t proven it will become profitable.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks in Asia set to rise following overnight Dow bounceShares in Asia were poised to rise at the open on Friday following overnight gains on Wall Street as investors stateside cheered strong earnings and economic data. Keep watching what's happening during 2019
Source: CNBC - 🏆 12. / 72 Read more »