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October 17, 2018

Asian stock markets follow Wall Street higher

BEIJING — Asian stock markets followed Wall Street higher on Tuesday as strong corporate profits helped to defuse fears over U.S.-China trade tensions.

KEEPING SCORE: The Shanghai Composite Index rose 1.7 percent to 2,751.60 and Tokyo’s Nikkei 225 added 0.7 percent to 22,662.74. Hong Kong’s Hang Seng gained 1.1 percent to 28,133.97 and South Korea’s Kospi advanced 0.5 percent to 2,297,41. Sydney’s S&P-ASX 200 lost 0.4 percent to 6,248.70. Taiwan and New Zealand retreated. Singapore gained while other Southeast Asian markets declined.

Source: Boston Herald

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