· Stocks closed little changed on Friday after the release of disappointing jobs data, but posted back-to-back weekly gains on optimism around U.S.-China trade relations.
The Dow Jones Industrial Average ended the day up 69.31 points, or 0.3% at 26,797.46. The S&P 500 climbed just 0.1% to close at 2,978.71 while the Nasdaq Composite slipped 0.2% to 8,103.07.
For the week, the Dow and S&P 500 both gained at least 1.5% while the Nasdaq climbed 1.8%. Those gains came amid hopes that the world’s two largest economies could soon make substantial progress in de-escalating their protracted trade dispute.
· European markets closed slightly higher Friday, as investors monitored ongoing Brexit uncertainty and developments in the U.S.-China trade war.
The pan-European Stoxx 600 closed up by around 0.25%, with most sectors and major bourses in positive territory.
On the data front, the EU statistics agency Eurostat said Friday that euro zone growth halved in the second quarter of 2019. The reading, which confirmed earlier analyst estimates, came as Germany’s economy and trade slowed.
Euro zone GDP (gross domestic product) expanded by 0.2% in the second quarter, the data showed, after a 0.4% expansion in the first three months of the year.
· Asia markets edged up Monday morning as investors reacted to a series of recent data releases in major economies including the United States and China.
In Japan, the Nikkei 225 rose 0.4% in early trade while the Topix index added 0.38%.
The Japanese economy grew an annualized 1.3% in the April to June quarter, according to revised data from the Cabinet Office on Monday. That was lower than the initial estimate of a 1.8% expansion, but matched market expectations.
In South Korea, the Kospi added 0.76%, with shares of chipmaker SK Hynix jumping 2.08%. Australia’s S&P/ASX 200 traded largely flat.
Overall, the MSCI Asia ex-Japan index traded 0.12% higher.
Reference: CNBC
Thai
Eng