Stocks Rise With Aussie Yields on Trade Optimism: Markets Wrap

(Bloomberg) — Stocks edged higher in Asia and American equity futures advanced amid optimism China and the U.S. are moving closer to an interim trade deal. Australian bond yields climbed.Shares rose in Sydney and Seoul, though a capital raising at one of Australia’s largest banks capped the positive sentiment. Contracts on the S&P 500 edged up after the index rose 1% on Friday to a fresh all-time high when data showed the economy added more jobs than forecast. South Africa’s rand advanced after the country clung on to its investment-grade credit rating. Markets are shut in Tokyo, so Japanese equities …read more

Source:: Yahoo Finance

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