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Asian stocks recover and US futures increase profits

Asian stocks resumed on Friday, hoping that next month's US-China talks could lead to an end to the expensive tariff war on trade and technology.

All indicators in major Asian markets followed Wall Street higher.

Japanese Nikkei ended the day with a gain of 1.2 percent and added 1.4 percent for the week. China's Shanghai Composite was up 0.6% and Hong Kong's Hang Seng was up 0.6%.


Investors were encouraged by a statement by the Chinese government on Thursday that its sanctions on US imports are adequate. This suggests that Beijing may pause in the cycle of "blunt" tariff increases on both sides, raising concerns that the fight will drive the global economy toward recession.

USA. Stock futures are showing gains when the bell rings on Wall Street.

Shares ended Thursday with broad gains, leading to the Dow Jones Industrial Average with over 300 points higher.

The S&P 500 rose 1

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

Ticker Security Last Change % Chg
I: DJI DOW JONES AVERAGES 26362.25 + 326.15 + 1.25% + 1.29% ] SP500 S&P 500 2924.58 +36.64 + 1.27%
I: COMP NASDAQ COMPOSITE INDEX 7973.394165 +116.51 + 1.48%

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