US-China Trade Truce Set to Bolster Asian Stocks: Markets Wrap
Wall Street's buoyant rebound in risk appetite following the easing of US-China tariffs is poised to spill into Asia trading Tuesday.
Futures showed Tokyo's equity benchmark may rise more than 2% at the open, with hefty gains also earmarked for Shanghai and Sydney. A gauge of US-listed Chinese stocks surged 5.4% on Monday in its best session in over two months. The S&P 500 closed more than 3% higher, while the dollar climbed the most since its November post-election rally.
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