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Stock impact report

Nikkei touches 2-month high as U.S.-China trade talks lift mood [Reuters (UK)]

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG) 
US:NYSE Investor Relations: smfg.co.jp/english/investor
Company Research Source: Reuters
Nikkei touches 2-month high as U.S.-China trade talks lift mood | Reuters 3 Min Read * Nikkei up 1.8 pct, brushes highest since Dec 18 * China-related shares up amid Sino-U.S. trade optimism * Bridgestone surges on share buyback plan By Shinichi Saoshiro TOKYO, Feb 18 (Reuters) - Japan’s Nikkei share average touched a two-month high on Monday as investor risk appetite increased amid heightened expectations that the latest negotiations would reduce U.S.-China trade tensions. The Nikkei was up 1.76 percent at 21,267.80 as of 0200 GMT after brushing 21,278.40, its highest since Dec. 18. Japanese stocks received a lift after Wall Street surged on Friday as the United States and China reported progress in five days of negotiations in Beijing last week. The two countries will resume talks this week in Washington. “The market is in the process of gradually pricing in the possibility of the March 1 U.S.-China trade negotiation deadline being extended, led by bids from short-term participants, Show less Read more
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