Global Stocks Climb, Shrugging Off China Tensions: Markets Wrap

(Bloomberg) — Asian stocks climbed with U.S. and European futures Tuesday despite escalating geopolitical risks, with Japan leading gains as the world’s third-largest economy reopened.Treasuries dipped in early trading after the three-day U.S. weekend, while the dollar retreated. Futures on the S&P 500 were up on Friday’s close, suggesting a positive open on Wall Street. Shares rose in Tokyo, Sydney and Seoul, while Hong Kong stocks also pushed higher, showing signs of stabilizing after weekend unrest. Shanghai saw more modest gains. Crude oil advanced past $34 a barrel in New York.Tensions between Washington and Beijing remain in focus with China …read more

Source:: Yahoo Finance

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