Asian shares poised to edge higher despite trade jitters; oil prices rise [CNBC]
FUJIFILM HLDGS CORP ADR (FUJIY)
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Source: CNBC
Asian shares poised to edge higher despite trade jitters; oil prices rise Asian stocks looked set to edge higher on Tuesday despite continued investor concerns about a trade war between the U.S. and China. Nikkei futures traded in Chicago were higher by 0.06 percent compared to the benchmark's Monday close. Australian SPI futures were up by 0.57 percent at the end of the last session. U.S. stocks mostly fell on investor jitters over a looming trade war between the U.S. and China. Monday's declines came after the Trump administration on Friday announced that the U.S. would impose a 25 percent tariff on up to $50 billion of Chinese products. Tariffs on an initial list of goods worth some $34 billion will kick in on July 6. In response, China announced tariffs on the same total value of products, with duties on $34 billion of U.S. goods expected to be implemented in July. The Dow Jones industrial average edged down by 0.41 percent, or 103.01 points, to close at 24,987.47, the S&P 500 end
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