Tokyo Stocks Open Higher as N. Korea Fears Ease

Tokyo stocks opened higher on Monday as geopolitical worries ebbed after US and North Korean officials met Sunday to resume preparations for a summit between the leaders of the two countries.

The benchmark Nikkei 225 index edged up 0.15 percent or 33.77 points to 22,484.56 in early trade, while the broader Topix index was up 0.03 percent or 0.48 points at 1,772.18.

Source : AFP

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US Stock Futures Firm Up as North Korea Keeps Its Cool

U.S. stock futures indicated a slightly firmer start on Friday, with some calm returning to the market after a week of geopolitical jitters, as North Korea made a restrained response to the U.S. withdrawal from a planned summit.

Attention is expected to return to the U.S. economy, as Federal Reserve Chairman Jerome Powell and other central bank officials are in line to speak. Updates on durable goods orders and consumer sentiment are also on deck.

Markets will be shut on Monday in observance of the Memorial Day holiday, which may keep trading volumes lighter than normal.

Dow Jones Industrial Average futures rose 25 points, or 0.1%, to 24,826, while S&P 500 Index futures added 1.9 points to 2,729.50. Nasdaq-100 climbed 14.5 points, or 0.2%, to 6,972.

On Thursday, the Dow finished down 0.3% to 24,811.75, shaking off a loss of as much as 280.91 points earlier. The S&P 500 fell 0.2%, and the Nasdaq Composite Index closed less than 0.1% lower at 7,424.43.

As of Thursday, major indexes were looking at mostly modest weekly gains 0.4% for the Dow, 0.6% for the S&P 500 and close to 1% for the Nasdaq Composite.

Source : Marketwatch

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European Markets Open Higher After Trump Scraps US-North Korea Summit

European stocks opened higher on Friday morning, as market participants’ fears were calmed by North Korea’s response to President Donald Trump’s decision to cancel a landmark summit.

The pan-European Stoxx 600 was up around 0.35 percent at 392.02 shortly after the opening bell, with almost all sectors and major bourses in positive territory.

North Korea’s vice foreign minister said the country was still hopeful of a “Trump formula” in order to resolve a standoff over its nuclear weapons program. The isolated regime also said it would remain open to resolving issues with the U.S after Trump canceled an upcoming meeting with North Korean leader Kim Jong Un.

Source : CNBC

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