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Asian stocks pulled higher by Wall St jobs rally but China caution prevails

WorldNews Monday, 9 December 2019
Asian stocks pulled higher by Wall St jobs rally but China caution prevailsSYDNEY: Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong US jobs data although regional gains were capped by concerns about China's economy due to the prolonged Sino-US trade war. Japan's benchmark Nikkei advanced 0.3 per cent while MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 per cent, with Australian stocks and South Korea's Kospi up 0.2 per cent and 0.6 per cent, respectively. The modest Asian gains compared with Wall Street, which rose to near record...
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News video: Wall Street climbs on solid jobs data

Wall Street climbs on solid jobs data 01:20

Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite. Yahaira Jacquez reports.

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