Sunday, February 17, 2019

Today's Headlines

  • Asia Stocks Set to Climb as Trade Optimism Grows. Asian stocks looked set to rise on Monday following a strong U.S. session amid optimistic signs on the economy and trade discussions. Australian shares edged higher and futures rose late Friday in Japan, Hong Kong and China after the S&P 500 climbed to a 10-week high. Reports that the U.S. and China had reached consensus in principle on the main topics in their trade negotiations helped boost risk appetite, ahead of talks that resume in Washington this week. The dollar slipped and oil pushed higher. U.S. markets are closed Monday due to a holiday. Futures on the S&P 500 added 0.1 percent. The S&P 500 Index increased 1.1 percent Friday. Futures on Japan’s Nikkei 225 rose 1.5 percent in Singapore. Hang Seng futures advanced 0.9 percent. Australia’s S&P/ASX 200 index added 0.2 percent.
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