Asian Stocks Retreat at Open From 18-Month High: Markets Wrap

(Bloomberg) — Asian stocks drifted lower on Monday from the highest level in a year and a half, with few financial-market catalysts going into the year-end.Equities in Tokyo opened weaker, while they fell in Sydney and were little changed in Seoul. U.S. futures edged up after stocks ended Friday mixed as traders assessed a rally that’s added more than $5 trillion to equities this year. The S&P 500 Index notched a fifth straight weekly advance. Treasuries were steady after rising on Friday, when the dollar logged its biggest drop since October.Trading may continue to be thin ahead of New Year …read more

Source:: Yahoo Finance

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