Sunday, May 26, 2019

Today's Headlines

  • Asia Stocks Set for Mixed Start; Euro Steadies: Markets Wrap. Asian stocks looked set for a mixed start following three weeks of declines on U.S.-China trade tensions. The euro steadied as mainstream European Union parties held their ground against populists in elections for the bloc’s Parliament. Futures on Japan equity indexes nudged higher, with Hong Kong poised for modest declines and Australian shares set to open flat. The S&P 500 Index eked out a gain Friday and the 10-year Treasury yield held steady. With holidays in the U.K. and U.S. Monday, trading volumes could be lighter than usual. The dollar ended last week on the back foot over concerns that the U.S.-China trade spat will hurt global growth. Futures rose 0.2% on the Nikkei 225 late Friday. Hang Seng Index contracts slid 0.3%. Futures on Australia’s S&P/ASX 200 Index were little changed.

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