Asian Shares Are Mixed
Digest more
Asian shares were mostly lower in early Tuesday trading, as worries about President Donald Trump’s latest updates to his tariffs weighed on investor sentiments. Japan's benchmark Nikkei 225 rose 0.1% in morning trading to 39,
Meanwhile, the U.S. earnings season is set to begin on Tuesday, with second-quarter reports from major banks. S&P 500 profits are expected to rise 5.8% year-over-year, according to LSEG data. The outlook has dimmed sharply since the early April forecast of 10.2% growth, before Trump launched his trade war.
Asian shares have mostly gained after a rally in U.S. tech stocks lifted the Nasdaq to an all-time high and helped Wall Street claw back earlier losses
Asian shares are mostly down as the Trump administration steps up pressure on trading partners to quickly make new deals before a Wednesday tariff deadline
Wall Street climbed overnight to close at new record highs after President Donald Trump announced that the U.S. has struck a trade deal with Vietnam, including a 20% tariff on exports to the U.S. That fuelled hopes that more deals will be forthcoming, with negotiations underway for a trade agreement with India.
Paints stocks are seeing analysts turn a corner as well in recent times. After four years of being bearish, ICICI Securities upgraded paint stocks, including Asian Paints to "Add" from their earlier rating of "Reduce.
Asian shares have started the week mixed after U.S. stocks closed at an all-time high after recovering from their earlier plunge due to the Trump administration's trade policies