On Monday Asian shares inch up on China recovery. Gains by Chinese equities and the yuan’s stronger-than-expected daily fixing helped lift a broad gauge of Asian shares above water on Monday, but firm gold prices underscored investor worries over risks from a prolonged Sino-U.S. trade war. The markets finished generally finished higher. The Shanghai Composite gained 1.45% and the Nikkei 225 rose 0.44%. The Hang Seng lost 0.44%.The Kospi is high 0.23%. The ASX 200 is up 0.09%.
European stocks closed lower reversing early gains on Monday as investors monitored escalations in the U.S.-China trade war. The pan-European STOXX 600 index pared earlier gains closed down 0.31%. The FTSE 100 is down 0.37% while France's CAC 40 is off 0.33% and Germany's DAX is lower by 0.12%.
U.S.Stocks fell as a wave of selling that analysts attributed to mounting doubts about a trade deal pulled lower shares of everything from banks to technology companies. Worries about the path of U.S.-China trade negotiations and the global economy have kept stocks and bond yields under pressure. The Dow Jones Industrial Average was down 389.73 points, or 1.48%, at 25,897.71 and the S&P 500 was down 35.56 points, or 1.22%, at 2,883.09. The Nasdaq Composite was down 95.73 points, or 1.22%, at 7,863.41.
Asian shares slumped on today as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina’s peso currency drove investors to safe harbors like bonds, gold, and the yen. The markets finished broadly lower with shares in Hong Kong leading the region. The Hang Seng is down 1.93% while Japan's Nikkei 225 is off 1.11% and China's Shanghai Composite is lower by 0.63%. The Kospi is down 0.85%. The ASX 200 is off o.33%.
European shares fell on today morning, as negative news from around the globe including Italy and Argentina’s political uncertainty and persistent unrest in Hong Kong, compelled investors to take refuge in safe harbors like bonds and gold. The pan-European STOXX 600 index fall 0.26%. The DAX is down 0.29% while London's FTSE 100 is off 0.23% and France's CAC 40 is lower by 0.14%.
U.S Stock Index Futures are lower Tuesday morning, after losses in the previous session fueled concerns about the state of the economy. At around 05:32 a.m. ET, Dow futures dipped103.00points, indicating a negative open of more than 107.44points. Futures on the S &P and Nasdaqare both are lower by 11.75 and 45.75 points respectively.