· The Dow Jones Industrial Average .DJI rose 182.1 points, or 0.7%, to 26,346.14, the S&P 500 .SPX gained 26.34 points, or 0.91%, to 2,919.4 and the Nasdaq Composite .IXIC added 79.96 points, or 1.02%, to 7,903.74.
Wall Street rose on Wednesday on hopes of progress in U.S.-China trade talks, though stocks pared gains late after Chinese officials said Beijing had lowered expectations for negotiations this week.
· European stocks closed higher Wednesday after a report that China is willing to discuss a partial trade deal with the U.S.
The pan-European Stoxx 600 closed provisionally 0.4% higher, with trade-sensitive autos and technology stock baskets leading gains. All sectors except utilities and retail were in positive territory.
· Asia stocks slipped Thursday morning as investors watched for developments on the U.S.-China trade front ahead of high-level negotiations between the two economic powerhouses.
The Nikkei 225 in Japan slipped 0.6% as shares of index heavyweight and robot maker Fanuc dropped 1.82%. The Topix index also declined 0.88%. Core machinery orders in the country fell for the second consecutive month in August, according to Cabinet Office data on Thursday.
In South Korea, the Kospi shed 1.28% as shares of chipmaker SK Hynix dropped 2.97%. Australia’s S&P/ASX 200 slipped 0.13%.
Overall, the MSCI Asia ex-Japan index traded 0.32% lower.
Markets in Taiwan are closed on Thursday for a holiday.
Reference: CNBC, Reuters
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