TOKYO – Asian equities were mostly higher on Friday as investors weighed on how US-EU trading tensions could escalate.
KEEPING SCORE: The Japanese Nikkei 225 climbed 0.2 percent higher to finish at 22,304.51, while Australia's S & P / ASX 200 fell 0.3 percent to 6,194.60. South Korea's Kospi rose 0.5 percent to 2,326.13. Hang Seng in Hong Kong rose 1.5 percent to 28,931.54, while the Shanghai Composite Index rose 2.2 percent to 2,847.42.
WALL STREET: The S & P 500 Index gained 0.6 percent to 2,716.31. The Dow Jones Industrial Average rose 0.4 percent to 24,216.05 and the Nasdaq Composite rose 0.8 percent to 7,503.68. The Russell 2000 index of smaller company shares rose 0.3 percent to 1,645.02.
COMMERCIAL STANDARDS: President Donald Trump's threat of tariff increases of up to $ 450 billion on Chinese products reflects fears that Beijing's plans are a threat to America's technological leadership and prosperity. This has sparked global concerns about how free trade could harm the economy and industry, but markets are still not sure what the impact would be.
THE QUOTE: "Risk appetite has strengthened noticeably due to new headlines trading voltages," says Chang Wei Liang of Mizuho Bank in Singapore.
ENERGY: US benchmark crude fell 15 cents to $ 73.30. In New York, it rose 0.9 percent overnight to $ 73.45 a barrel. Brent Crude, which was used for international oil prices, fell 1 cent to $ 77.60 a barrel.
CURRENCIES: The dollar rose from 110.50 yen on Thursday to 110.64 yen. The euro rose from $ 1.1567 to $ 1.1638.
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