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20 Aug 2018
 |
| Wall street financial markets (The Total Investment & Insurance
Solutions) |
Asian stocks are mostly higher Monday as investors welcomed signs of
progress in resolving the trade dispute between the U.S. and China. The Wall
Street Journal reported the countries hope to have a resolution by November.
KEEPING SCORE: Japan's benchmark Nikkei 225 inched down 0.3 percent in
early trading to 22,204.30. Australia's S&P/ASX 200 added 0.2 percent to
6,350.60. South Korea's Kospi was little changed, edging up nearly 0.1 percent
to 2,248.74. Hong Kong's Hang Seng gained 0.8 percent to 27,442.64, while the
Shanghai Composite rose 0.5 percent to 2,681.98. Indexes were also higher in
Taiwan and Singapore.
The Total Investment & Insurance Solutions
TRADE TENSIONS: Asian regional markets are generally dependent on
harmonious global trade relations. The Wall Street Journal cited officials in
both the U.S. and China in its report that said negotiators want to end the
trade war before President Donald Trump and Chinese President Xi Jinping meet
at multilateral events in November.
The Total Investment & Insurance Solutions
WALL STRRET: The S&P 500 index rose 9.44 points, or 0.3 percent, to
end last week at 2,850.13. The Dow Jones Industrial Average added 110.59
points, or 0.4 percent, to 25,669.32. The Nasdaq composite edged up 9.81
points, or 0.1 percent, to 7,816.33. The Russell 2000 index of smaller-company
stocks gained 7.19 points, or 0.4 percent, to 1,692.95.
ENERGY: U.S. benchmark crude fell 12 cents to $65.79 a barrel. It picked
up 0.7 percent to $65.91 a barrel in New York late last week. Brent crude, the
standard for international oil prices, dipped 21 cents to $71.62 per barrel in
London.
CURRENCIES: The dollar rose to 110.52 yen from 110.46 yen late Friday in
Asia. The euro rose to $ 1.1431 from $1.1393.The Total Investment & Insurance Solutions
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