Asian Stocks Fall as North Korea Worries Return on Trump Comment

Asia stocks fell for a third day as Japanese shares dropped amid a stronger yen, while investors weighed on pessimism over the planned historic meeting between the U.S. and North Korea.

The MSCI Asia Pacific Index declined 0.4 percent to 173.52 as of 4:10 p.m. in Hong Kong, with more than two stocks down for each that gained. JapanA?ai??i??ai???s Topix slid the most in almost two months as electronics and automobile makers dragged down the nationA?ai??i??ai???s benchmark, while the yen strengthened further. U.S. President Donald Trump cast doubt on a possible summit with North Korea next month, rekindling geopolitical tensions. MalaysiaA?ai??i??ai???s benchmark gauge slid 2.1 percent, led by losses in wireless carrier Axiata Group Bhd., whose shares were set to decline the most since 2009 after poor earnings.

Source : Bloomberg

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European Stocks Seesaw as North Korea Risks Return

European stocks struggled for direction on Wednesday, as traders weighed the return of concerns over North Korea against a batch of upbeat corporate news.

Eurozone inflation data confirmed consumer prices rose 1.2% last month, meeting forecasts.

The Stoxx Europe 600 index fell 0.1% to 392.14, after closing with a 0.1% gain on Tuesday.

The U.K.A?ai??i??ai???s FTSE 100 index rose 0.1% to 7,728.03, on track for its highest close since Jan. 16, according to FactSet data.

FranceA?ai??i??ai???s CAC 40 index dropped 0.2% to 5,543.61, while GermanyA?ai??i??ai???s DAX 30 index gave up 0.1% to 12,961.62.

Source : Marketwatch

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U.S. stock futures struggle as political worries return to haunt investors

U.S. political worries returned to haunt investors on Friday, as speculation about another departure from President Donald Trump’s White House kept stock futures pinned down. The S&P 500 was potentially looking at its fifth-straight losing session.

On the economic data front, reports on housing starts, industrial production and consumer confidence are scheduled for release.

Shaking off some losses from the Asian session, Dow Jones Industrial Average  futures were flat at 24,924, while S&P 500 index futures inched up 1.4 points to 2,757. Nasdaq-100 futures dropped 0.75 point to 7,070.

Stocks have taken a hit this week largely due to persistent worries about a potential global trade war, particularly between the U.S. and China, as the Trump administration’s pushes for protective levies.

Source: Marketwatch

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