· Wall Street’s main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies.
The Dow Jones Industrial Average .DJI rose 222.93 points, or 0.8%, to 28,004.89, the S&P 500 .SPX gained 23.83 points, or 0.77%, to 3,120.46 and the Nasdaq Composite .IXIC added 61.81 points, or 0.73%, to 8,540.83.
· European stocks closed higher Friday amid optimistic sounds out of the White House on a prospective trade deal between the U.S. and China.
The pan-European Stoxx 600 closed provisionally up 0.35%. Basic resource stocks — with their exposure to China — were among the top gainers, with the sector up over 1%.
· Stocks in Asia traded mixed on Monday morning as investors look for further developments on U.S.-China trade.
In Japan, both the Nikkei 225 and Topix index traded largely flat. Shares of Z Holdings — formerly known as Yahoo Japan — and Line rose more than 1% and 2%, respectively, after Reuters reported that the two companies formally announced a merger.
South Korea’s Kospi slipped 0.13%. Shares in Australia also edged lower in morning trade, with the S&P/ASX 200 down about 0.54% as most of the sectors slipped.
Overall, the MSCI Asia ex-Japan index traded 0.06% lower.
Reference: CNBC, Reuters