AsianStocks extend recovery as trade worries take back seat

Asian stocks extended gains on Friday after Wall Street’s S&P 500 set a new all-time high, while the #dollar slipped as investors viewed Beijing’s and Washington’s fresh exchange of import tariffs as less harmful than initially feared.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent in early trade, extending the recovery from its 14-month low hit on Sept. 12 to 3.6 percent.

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Posted in: Indian Market Tips