Asian Markets and Trade Agreement

hong: The Shanghai Composite Index rose 1.1%. Hong Kong's Hang Seng gained 0.9%, while Japan's Nikkei rose 0.5%. Here are some of the other big moves on Asian markets at 10 30 a.m. in Hong Kong today, according to CNN. Wall Street's gains provided a positive lead. US negotiators are expected to travel to China to resume talks on a trade agreement, a person familiar with the plans told CNN. The negotiations will be the first face-to-face talks since President Donald Trump met Xi Jinping, his Chinese counterpart, at the G20 summit last month. The Dow INDU and S&P 500 SPX both closed 0.7% higher, while the Nasdaq COMP gained 0.6%. Investors were cheered by the prospect of reduced trade tension and shrugged off news of an unprecedented confrontation Tuesday between warplanes from four countries above a disputed island off the coast of South Korea and Japan. The Star Market, China's new Nasdaq-style tech board, had a positive opening on its third day of trading. Nissan NSANF shares rose 0.9% in Tokyo, outperforming the Japanese market, after reports that it will cut 10,000 jobs. (news.financializer.com). As reported in the news.

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