قالب وردپرس درنا توس
Home / Business / Asian stocks recover, US futures slip

Asian stocks recover, US futures slip



Asian stocks rallied on Friday in hopes that US-China talks next month could bring progress in ending a costly wage bargain on trade and technology.

Benchmarks in major Asian markets were all followed by a rise on Wall Street.

China's Shanghai Composite The Japanese Nikkei gained 0.6 percent, the Japanese Hang Seng 1 percent and the Hong Kong Hang Seng 0.7 percent.

MORE FROM FOXBUSINESS.COM

A statement by the Chinese government on Thursday encouraged investors to properly punish US imports. This suggests that Beijing may stop in a brief phase of tariff increases on both sides, fueling fears that the fight could drive the global economy into recession.

United States. Stock futures point to small losses as the bell rings on Wall Street.

Equities closed Thursday with broad gains, pushing the Dow Jones Industrial Average up more than 300 points.

The S & P 500 Index rose 1

.3 percent, the Dow rose 1.3 percent, and the Nasdaq gained 1.5 percent.

Ticker Security Recent modification % Chg
I: DJI DOW JONES AVERAGES 26362.25 +326,15 + 1,25% [19659018] SP500 S & P 500 2924.58 +36.64 + 1.27%
I: 19659015 19659015 NASDAQ COMPOSITE] +116.51 + 1.48% [19659025] Some analysts say Beijing is hoping for a more benign business if President Donald Trump gets under pressure during his election campaign – or he may lose negotiations with his successor.

Washington and Beijing Are Talking About US Complaints Concerning China's Trade Surplus and Bailouts According to trade partners, industry plans are based on stealing or pressurizing companies to hand over technology.

Tariff price increases on both sides have affected trade, leading to fears that the fight could drive the world economy into recession.

CLICK HERE TO READ MORE ABOUT FOX BUSINESS

Negotiations are due to take place in Washington next month after the last round of negotiations in Shanghai in July had shown no signs of progress.

The Associated Press has contributed to this article.


Source link