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Asia shares cheered by Sino-.U.S. trade progress

Asian share markets pushed higher on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetites, while pressuring safe-haven bonds and the yen. Liquidity was lacking, however, with Japan off and a partial market holiday in the United States for Columbus Day. MSCI™s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.5%. Australia's main index gained 0.9% and South Korea .KS11 firmed 1.3%. While Tokyo was on holiday, Nikkei futures were...

Dollar holds near 2-1/2-month yen high on U.S.-China partial deal, pound stands tall

The dollar held near a 2 1/2-month high against the yen on Monday after Washington and Beijing announced progress towards a trade deal, while sterling hovered near a three-month peak on hopes for an orderly British exit from the European Union. On Friday, the dollar strengthened against the safe-haven yen to as much as 108.63 yen, its highest level since August 1, before U.S. President Donald Trump said the United States and China had reached a 'Phase 1' trade deal. In early Asian trade on...

Dow ends lower, weighed by Boeing, as S&P 500 extends win streak
Tuesday, 9 April 2019 04:26 WIB | MARKET UPDATE |Indeks NasdaqIndeks Dow JonesSahamASindeks SP/ASX 200

Stocks posted a mixed finish Monday, with the S&P 500 eking out a gain to extend its winning streak to eight sessions.

The Dow Jones Industrial Average meanwhile, ended lower, unable to shake off a big decline for shares of Boeing The S&P 500 ended with a gain of around 3 points, or 0.1%, near 2,896, according to preliminary figures, with the large-cap benchmark index matching its longest streak of daily gains since a run that ended on Oct. 5, 2017, according to Dow Jones Market Data.

The Dow was weighed down throughout the session by a heavy loss for Boeing, which ended the day down around 4.4% after the company late Friday said it was cutting its 737 production rate to 42 planes a month from 52 planes. The Dow fell around 84 points, or 0.3%, to close near 26,341. The Nasdaq Composite gave up around 15 points, or 0.2%, to close near 7,954.

Source : MarketWatch

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POPULAR NEWS
Asia shares cheered by Sino-.U.S. trade progress

Asian share markets pushed higher on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetites, while pressuring safe-haven bonds and the yen. Liquidity was lacking, however, with Japan off and a partial market holiday in the United States for Columbus Day. MSCI™s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.5%. Australia's main index gained 0.9% and South Korea .KS11 firmed 1.3%. While Tokyo was on holiday, Nikkei futures were...

Dollar holds near 2-1/2-month yen high on U.S.-China partial deal, pound stands tall

The dollar held near a 2 1/2-month high against the yen on Monday after Washington and Beijing announced progress towards a trade deal, while sterling hovered near a three-month peak on hopes for an orderly British exit from the European Union. On Friday, the dollar strengthened against the safe-haven yen to as much as 108.63 yen, its highest level since August 1, before U.S. President Donald Trump said the United States and China had reached a 'Phase 1' trade deal. In early Asian trade on...

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