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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2019/05/17

Stocks Gain as U.S. Rally Extends; Yields Steady: Markets Wrap


Asian stocks climbed Friday as positive sentiment carried over from a third day of gains for U.S. equities. Investors for now are looking through the flare-up in the U.S.-China trade war, which has left the yuan at its weakest in five months. Japanese equity indexes rose more than 1%, with gains more modest in Hong Kong, South Korea and Australia. Mainland China shares opened flat. The S&P 500 climbed Thursday as solid earnings and strong housing data buoyed shares. The 10-year Treasury yield was back at 2.39% after testing 2019 lows earlier this week. Weakness is enduring for China’s offshore yuan amid the trade stand-off, heading for a second straight week of declines. -  Bloomberg 



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