US EditionAsian stocks rise on easing tariff worries; dollar perks up
- Asian stocks rose, influenced by rising U.S. Stocks, as the possibility of narrower tariffs from U.S. President Donald Trump improved risk sentiment.
- The S&P 500 closed at its highest level in over two weeks, while the Nasdaq rose more than 2% due to a surge in tech stocks.
- The dollar reached a three-week high against the yen following stronger-than-expected U.S. Economic data, which showed an increase in the U.S. Composite PMI Output Index.
- Some countries may receive breaks from impending automobile tariffs, as indicated by U.S. President Donald Trump.
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iosconews.com+25 Reposted by 25 other sources
Asian stocks rise on trade optimism, but US policy uncertainty lingers
Lingering hopes that Donald Trump's planned tariff blitz next week will not be as painful as feared helped lift Asian markets Wednesday, though uncertainty about the president's policies and the US economy tempered optimism.
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Total News Sources42
Leaning Left4Leaning Right7Center5Last UpdatedBias Distribution44% Right
Bias Distribution
- 44% of the sources lean Right
44% Right
L 25%
C 31%
R 44%
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