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Home / Business / Asian markets mixed, US equities pointing to a recovery

Asian markets mixed, US equities pointing to a recovery



Asian equities were mixed on Wednesday as troubled investors watched for signs of progress in US-China trade after Wall Street slipped.

The Japanese title Nikkei ended the day with a slight gain of 0.1 percent. Shanghai withdrew and Hong Kong remained unchanged.

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USA. The stock futures showed a recovery on Wednesday with gains of 0.4 percent.

Investors worried about the US-Chinese customs war and plunging the world economy into recession were baffled by President Trump's conflicting comments on trade talks.

Markets rose after Trump said Monday said Beijing was ready to negotiate seriously after two weekend calls. However, a Chinese Foreign Ministry spokesman failed to confirm that an exchange had taken place.

On Wall Street, investors were turning over money in US Treasuries, gold and other traditional safe-haven assets.

Ticker Security Last Change % Chg
I: DJI DOW JONES AVERAGE VALUES 25777.9 -1
20.93
-0.47% 19659018] P500 19659015] 2869.16 -9.22 -0.32%
I: COMP NASDAQ COMPOSITE INDEX 7826,946285 -26.79 [19659017] -659% The S & P 500 Index fell 0.3 percent, the Dow Jones Industrial Average 0.5 percent and the Nasdaq 0.3 percent.

US and Chinese trade negotiators will meet in Washington next month, but no side has hinted at concessions to overcome a dead end. A round of talks in Shanghai last month ended with no signs of progress.

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Washington and Beijing provided an additional round of investor pessimism on Friday. for tat rate hikes. Their punitive tariffs of billions of dollars on each other's goods have already affected exporters on both sides, causing forecasters to cut prospects for economic growth.

The Associated Press has contributed to this article.


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