Asian stocks pare tariff-led losses, Tokyo hit by political turmoil
Most Asian stocks rose Tuesday, tracking a rally on Wall Street, after Donald Trump tempered his rhetoric against China, which he has threatened with 100 percent tariffs, while Tokyo struggled amid Japanese political turmoil. Still, safe-haven metals continued to push higher — helping silver join gold in touching records — fuelled by expectations for more […]
Gold rushes to new high as Asia stocks mixed
Gold hit a record high Tuesday as a weaker dollar and expectations of a US interest rate cut made the safe haven an attractive investment. Stocks, meanwhile, were mixed as investors awaited fresh direction from Wall Street after it was closed on Monday for Labor Day. Gold reached $3,501.59 an ounce during early trading in […]
US stocks drift closer to their record as Wall Street waits to see what US-China talks will bear
U.S. stocks drifted closer to their all-time high on Tuesday as the wait continued to hear what will come of trade talks between the United States and China. The S&P 500 rose 0.5% as talks between the world’s two largest economies carried into a second day. The Dow Jones Industrial Average added 105 points, or 0.2%, and the […]
