Asian stocks were mostly higher in early trading Friday after gains on Wall Street, but investors continued to watch for news about U.S.-China trade friction.
Japan’s benchmark Nikkei 225
added 0.3%, and Australia’s S&P/ASX 200
gained 0.5% in early trading. South Korea’s Kospi
rose 0.1%. Hong Kong’s Hang Seng
inched up 0.2%, while the Shanghai
as also up less than 0.1%. Shares were also higher in Indonesia
Tech stocks, which took the brunt of losses Thursday, recovered. Samsung
gained 1%, while Tencent
bounced nearly 3% and Largan Precision
“Clouded with much uncertainty, markets will likely remain jittery and may struggle to hold on to the gains,” said Jayden Loh, a Trader at IG in Singapore.
On Thursday, the S&P 500 index
fell 4.11 points, or 0.2%, to 2,695.95. The benchmark index had been down as much as 2.9%. The Dow
dropped 79.40 points, or 0.3%, to 24,947.67. The average briefly slumped as much as 784 points. The technology-heavy Nasdaq composite
reversed an early loss to finish with a gain, adding 29.83 points, or 0.4%, to 7,188.26.
U.S. benchmark crude
fell 24 cents to $51.25 a barrel. It dropped 2.6% to $51.49 a barrel in New York. Brent crude
, used to price international oils, dipped 39 cents to $59.67.
After falling earlier, the dollar
was last at 112.82 yen from 112.80 yen late Thursday.
Want news about Asia delivered to your inbox? Subscribe to MarketWatch’s free Asia Daily newsletter. Sign up here.