Equity benchmarks in Asia rebounded as investors reassessed the risks from an escalating trade war after China and the U.S. signaled talks may resume. U.S. equity futures gained.
The MSCI Asia Pacific Index rose 0.2 percent to 164.30 as of 4:06 p.m. in Hong Kong, while S&P 500 Index futures advanced as much as 0.4 percent. Chinese stocks lead the advance as Shanghai Composite Index closed 2.2 percent higher, while India’s Sensex Index climbed to a record, driven by refining companies. Equity gauges in Australia, Hong Kong and Japan closed higher.
Source : Bloomberg