Stock Market News

Asian shares inch up as investors await Trump-Xi meeting.

In early trade, MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.02%, following on from modest gains in global equity markets overnight. U.S. stock futures, the S&P 500 e-minis, were up 0.2%.

Share markets in Asia edged higher early on Friday morning as investors clung on to hopes that a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping this weekend could lead to an easing of trade tensions.

Yet the gains were small and underscored uncertainty over whether the talks will produce definitive progress in ending the year-long trade war between the world’s two largest economies.

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