Asian shares rebound even as Sino-U.S. trade tensions intensify

Asian shares rebounded on Tuesday as Chinese markets proved resilient to a new round of tariffs from the United States although the mood was cautious as investors braced for a further escalation of tensions between the two giants. U.S. stock futures reversed early losses, with E-Minis for the S&P 500 (ESc1) and the Dow (1YMc1) up slightly. Investors were nervous after U.S. President Donald Trump imposed 10 percent tariffs on an additional $200 billion worth of Chinese imports, and warned of duties on more products if China took retaliatory action. …read more

Source:: Yahoo Finance

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