Asia markets closed mixed on Thursday — with mainland China markets recovering — as investors look to the trade talks between Beijing and Washington following the imposition of new U.S. tariffs on Chinese goods during Asian hours. The Shanghai Composite gained 0.37% and the Nikkei 225 rose 0.22%. The Hang Seng lost 0.49%. South Korea's KOSPI recovered from its earlier losses to close up by 0.41%. Austrilia's the ASX 200 edged lower by by 0.34%.
Stocks in Europe hovered around the flat-line before closing lower on Thursday after Beijing implemented new retaliatory tariffs against the United States. The pan-European STOXX closed the day lower by 0.17%. The DAX is down 0.16% while London's FTSE 100 is off 0.15% and France's CAC 40 is lower by 0.02%.
U.S.Stocks fell on Thursday as an ongoing trade war between the U.S. and China and worries of renewed legal issues for President Donald Trump dampened investor sentiment.. The Dow Jones Industrial Average slipped 76.62 points, or 0.30%, to end at 25,656.98. The S&P 500 index shed 4.84 points, 017%, to 2,856.98. . The Nasdaq Composite Index dropped 10.64 points, or 0.13%, to 7,878.46
Asia markets are mixed in early trade today as investors reacted to an escalating trade war between the U.S. and China, developments in Australian politics and economic data from Japan. Shanghai Composite is off 0.40% while the Hang Seng is down 0.57%. The Nikkei 225 rose 0.35%. South Korea's Kospi index fell 0.25%. In Australia, the ASX 200 is up 0.27 %.
In Singapore SGXNifty is trading 31.00 points or 0.27% lower at 11573.50
Our Markets market arelikely to see a negative opening on to day, owing to weak Asian cues and the negative trend observed in Nifty futures (SGX NIFTY)