Global shares were mixed Friday and mostly declined on the week (只備英文版)
US stocks advanced Friday. The Nasdaq turned positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico. Chinese and US negotiators are planning talks to resolve their trade disagreements ahead of meetings in November. Mexico's economy minister, Ildefonso Guajardo, said he hopes to wrap up outstanding bilateral issues on the North American Free Trade Agreement (NAFTA) by the middle of next week. The Dow Jones industrials were up 0.4 percent, the S&P added 0.3 percent and the Nasdaq edged 0.1 percent higher. For the week, the Dow was up 1.4 percent and the S&P added 0.6 percent. However, the Nasdaq retreated 0.3 percent.
Stocks rebounded but investors remained in a cautious mood (只備英文版)
US stocks rebounded Thursday as a series of positive earnings and waning trade jitters girded investor confidence. The Dow Jones industrials were up 1.6 percent, the S&P added 0.8 percent and the Nasdaq climbed 0.4 percent. US stocks and emerging market currencies rebounded on Thursday after China said it will hold trade talks with the United States later in August and Turkey’s lira continued its recovery. China said that a delegation led by its vice commerce minister would travel to the United States for talks on August 21 and 22, raising hopes that Beijing and Washington may resolve the escalating tariff war that has roiled financial markets since early March.