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Asia stocks hover below nine month peak after Wall Street stalls

https://www.oann.com/asia-stocks-hover-below-nine-month-peak-after-wall-street-stalls/
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Apr 15, 2019 8:45 PM 1+ week ago

TOKYO (Reuters) - Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the global economy is likely to avoid a sharper downturn helped limit the losses.

The index had risen to its highest level since July 2018 the previous day after strong data from China eased investor concerns about the health of the global economy. Expectations that Chinese and U.S. trade negotiators would strike a deal soon also lifted confidence.

"The equity markets are facing some headwinds after their recent large gains," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

"That said, market sentiment is still relatively well supported as recent Chinese indicators proved to be strong and prompted the markets to readjust their views on the global economy."

The U.S.-China trade dispute, signs of ...

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Asia stocks hover below nine month peak after Wall Street stalls

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TOKYO (Reuters) - Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the global economy is likely to avoid a sharper down...

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TOKYO (Reuters) - Asian stocks hovered below a nine-month high on Tuesday after disappointing bank earnings dented Wall Street, though recent signs that the global economy is likely to avoid a sharper...

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TOKYO (Reuters) - Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the global economy is likely to avoid a sharper down...

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