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Stock impact report

Asian stocks extend recovery, China rallies on stimulus hopes [Reuters (UK)]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Reuters
Asian stocks extend recovery as trade worries take back seat | Reuters 5 Min Read TOKYO (Reuters) - Asian stocks extended gains on Friday after Wall Street’s S&P; 500 set a new all-time high, while the dollar slipped on views that Beijing’s and Washington’s fresh exchange of tariffs may be less damaging than initially feared. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6 percent. It has rebounded 4 percent from a 14-month low on Sept. 12, buoyed in part by expectations that China will pump more stimulus into its economy to weather the trade war. Japan’s Nikkei rose 0.6 percent, hitting an eight-month high.[.T] On Wall Street, trade-sensitive industrial stocks led the gains on Thursday. The Dow Jones Industrial Average rose 0.95 percent while the S&P; 500 gained 0.78 percent, both hitting record highs that took them deeper into technically overbought territory.[.N] The latest rally comes after new U.S. and Chinese tariffs on each other’s goods were set at lower ra Show less Read more
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