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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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

 

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

Our mission at is to build the social news network that ends fake news. Follow us Overlooked_Inc

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

let the ccp collapse it about time anyways

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 ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

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!
Source: CNBC - 🏆 12. / 72 Read more »