Tokyo stocks close higher as yen edges lower

Tokyo stocks closed higher on Friday as the yen eased against the dollar on the backdrop of receding trade war worries that boosted US shares.

The Nikkei 225 index closed up 0.82 percent, or 195.00 points, at 23,869.93. Over the week, the index gained 3.36 percent.

The broader Topix index ended up 0.92 percent, or 16.42 points, at 1,804.02. It climbed 4.36 percent over the week.


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China stocks lower at close of trade; Shanghai Composite down 0.06%

China stocks were lower after the close on Thursday, as losses in the Oil Equipment Services & Distribution, Life Insurance and Gas, Water & Multiutilities sectors led shares lower.

At the close in Shanghai, the Shanghai Composite lost 0.06%, while the Component index fell 0.17%.

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Stock Market Opens Lower, S&P 500 on The Verge of Halting 6-Session Win Streak

U.S. stocks opened lower on Monday as stocks traded within striking distance of records but were held down by worries about intensifying trade clashes with China.

The Dow Jones Industrial Average opened down less than 0.1% at 26,124, the S&P 500 index slipped by about 0.1% at 2,901, while the technology-centric Nasdaq Composite Index retreated by 0.4% at 7,979. China said it may decline the offer for renewed trade talks if Trump carries out reports of imposing $ 200 billion in tariffs. “China is not going to negotiate with a gun pointed to its head,” a senior Chinese official said, according to The Wall Street Journal.

In corporate news, DowDuPont Inc. Edward Breen will assume the top executive position at the specialty-products company that will be created next year as part of the conglomerate’s yearslong plan to split into three entities. Separately, Coca-Cola Co. confirmed said it is considering opportunities in drinks that contain the non-psychoactive ingredient in marijuana, cannabidiol. Meanwhile, investors were awaiting a quarterly report from Oracle Corp. which is set to report its fiscal first quarter after the close of trading Monday. In economic news, the New York Fed’s Empire State index fell 7 points to 19 in September.

Source : Marketwatch

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