NewsFeeder
08-08-2019, 11:15 PM
GLOBAL MARKETS-Asian shares edge up, but renewed trade jitters cap gains
Asian shares on Friday caught the tail of a Wall Street rally aided by China's solid export figures and a stabilisation in the yuan, but fresh concerns about Sino-U.S. trade ties capped the region's gains. Weighing on risk appetite was a report from Bloomberg that Washington is delaying a decision about licenses for U.S. firms to restart trade with Huawei Technologies. On Wall Street on Thursday, the S&P 500 surged 1.9% - its largest one-day gain in about two months- while the Dow and the Nasdaq also advanced well more than 1%.
https://finance.yahoo.com/news/global-markets-asian-shares-edge-041334264.html?.tsrc=rss
Asian shares on Friday caught the tail of a Wall Street rally aided by China's solid export figures and a stabilisation in the yuan, but fresh concerns about Sino-U.S. trade ties capped the region's gains. Weighing on risk appetite was a report from Bloomberg that Washington is delaying a decision about licenses for U.S. firms to restart trade with Huawei Technologies. On Wall Street on Thursday, the S&P 500 surged 1.9% - its largest one-day gain in about two months- while the Dow and the Nasdaq also advanced well more than 1%.
https://finance.yahoo.com/news/global-markets-asian-shares-edge-041334264.html?.tsrc=rss