· The S&P 500 rose on Thursday, powered by bank shares, as investors await trade clues from an upcoming meeting between President Donald Trump and Chinese President Xi Jinping.
The broad index climbed 0.4% to 2,924.92, snapping a four-day losing streak, as the financials sector gained nearly 1%. The Nasdaq Composite advanced 0.7% to 7,967.76. The Dow Jones Industrial Average lagged, slipping 10.24 points to 26,526.58 as Boeing shares weighed down the 30-stock index.
· European stocks closed mixed Thursday as investors searched for signs on what to expect from the upcoming G-20 summit.
The pan-European Stoxx 600 closed provisionally barely above the flatline. Retail stocks bucked the trend to rise more than 2%, buoyed by a sharp gain in H&M shares, while the media sector led declines with a 0.7% fall.
· Stocks in Asia Pacific dipped in Friday morning trade as investors await the kickoff of the G-20 summit in Osaka, Japan, where U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet amid the ongoing trade standoff.
In Japan, the Nikkei 225 slipped 0.27% in early trade, with shares of index heavyweight and robot maker Fanuc declining 1%. The Topix index also shed 0.16%.