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Global shares mostly fall as region watches for outcome from Trump’s visit

On Tuesday, Asian shares fell as investors watched a planned meeting between President Donald Trump and Chinese President Xi Jinping at a Pacific Rim summit in South Korea later this week.
Amid hopes for easing trade tensions, earnings risks loom as U.S. technology companies including Alphabet, Meta Platforms, Microsoft, Amazon and Apple report results this week.
Market data showed Japan's Nikkei 225 lost 0.6% to 50,219.18, South Korea's Kospi fell 0.6% to 4,010.41, and Australia's S&P/ASX 200 dropped 0.5% to 9,012.50, with Hong Kong's Hang Seng near 26,346.14 and the Shanghai Composite around 3,988.22.
Rising U.S. stocks came with modest currency and bond moves as the S&P 500 rose 1.2%, Nasdaq jumped 1.9%, and the 10-year Treasury yield eased to 3.99% from 4.02 late Friday.
Markets opened with what commentators called `an uneasy calm` as Japan reaffirmed the U.S.-Japan security alliance and traders are `watching, weighing, waiting for something real to sign`, reflecting investor caution.

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Asian Shares Are Mixed as Region Watches for Outcome From Trump's Visits

1 month ago·New York, United States

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Asian shares mostly fall as region watches for outcome from Trump's visits

Asian shares were mostly lower on Tuesday as investors watched to see what might come of a planned meeting between President Donald Trump and China’s top leader. Hong Kong’s Hang Seng dropped 0.6% to 26,276.18, reversing earlier gains, and the Shanghai Composite index lost 0.2% to 3,988.68 after briefly topping 4,000, its highest level in a decade. Trump has suggested he expects to forge another trade agreement with Chinese President Xi Jinping …

1 month ago·Orlando, United States

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