Asia stocks set for higher open amid US-China trade optimism, S&P 500 record high

Overnight on Wall Street, the S&P 500 scaled a record high as investors stateside cheered strong earnings and optimism on U.S.-China trade.

Shares in Asia were set to trade higher on Tuesday as investors monitor for further developments on the U.S.-China trade front with the two economic powerhouses working toward a deal. Futures pointed to a higher open for Japanese stocks, with the Nikkei futures contract in Chicago at 22,970 and its counterpart in Osaka at 22,960. TheMeanwhile, shares in Australia rose more than 0.2% in early trade, with majority of the sectors edging higher.

Investors will continue to watch for developments in U.S.-China trade. The Office of the U.S. Trade Representative said Monday that Washington will

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What trade optimism? Buying 2017 levels of soybean for no tariffs, is that your shitty optimism?

let the ccp collapse it about time anyways

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Australian markets up as hopes rise for a US-China 'phase one' trade dealAustralian shares rose in the morning, as hopes rise on trade, with the U.S. and China appearing close to finalizing a phase one trade deal. Ugh. Not this bs again. How does $20B of Chinese catfish and $20B of US soybeans equate to $1.5T in market cap for US equities? I'd love an answer. Trump wins again.
Source: CNBC - 🏆 12. / 72 Read more »