Why UBS thinks Amazon shares are headed to $2,100

2019-12-19

The headlines are all about President Donald Trump’s impeachment, but the stock markets don’t care. And unless investors begin to think a Republican-controlled Senate will vote to remove him, that attitude won’t change. With just eight trading days left to go in the year, it’s tough to get markets excitedRead More →

Asian markets gain after record highs on Wall Street

2019-12-16

Asian shares rose Tuesday following a rally on Wall Street that sent the major indexes to record highs, cheered by surprisingly strong economic reports out of China. Japan’s benchmark Nikkei 225 NIK, +0.48%   added 0.5% in early trading. South Korea’s Kospi 180721, +1.01%   gained 1.1%. Hong Kong’s HangRead More →

Asian markets little changed despite U.S.-China trade deal

2019-12-15

Asian markets were muted in early trading Monday despite Friday’s news that the U.S. and China have agreed on a “phase one” trade deal. U.S. Trade Representative Robert Lighthizer said Sunday that the deal “is totally done, absolutely,” adding that China committed to buy $40 billion of American farm productsRead More →

Asian markets inch up ahead of U.S. jobs report

2019-12-06

Asian markets gained in early trading Friday after a senior Chinese official said negotiations for a phase-one trade deal with the U.S. are progressing. Gao Feng, China’s minister of commerce, said Thursday that negotiators are in “close communication” and offered reassurances despite recent tensions. However, he also emphasized that ChinaRead More →

Asian markets mixed on new optimism for U.S.-China trade deal

2019-11-25

Asian shares were mixed after an upbeat start Tuesday on optimism over U.S.-China trade talks, prompted by Beijing’s new guidelines for the protection of patents and copyrights. Japan’s benchmark Nikkei 225 NIK, +0.35%   advanced 0.6% in morning trading. Australia’s S&P/ASX 200 XJO, +0.83%   gained 0.7%. South Korea’s KospiRead More →

Asian markets little changed as traders seek direction

2019-11-11

Asian markets sought direction in early trading Tuesday, as traders awaited the next development in U.S.-China trade talks and violent protests continued in Hong Kong. President Donald Trump said over the weekend that while trade talks were going “very nicely,” there was not yet an agreement to roll back tariffs.Read More →

Asian markets slip on report of possible trade-deal delay

2019-11-06

Asian markets were mostly down in early trading Thursday as investors reined in earlier optimism of a pending trade deal between the U.S. and China. Reuters reported Wednesday that the “phase one” deal, which was hoped to be signed in mid-November, might be delayed until December, and that European locations,Read More →