11.21.2019 Hong Kong stocks slumped, while the yuan weakened to a three-week low amid signs of a widening rift between the U.S. and China. The Hang Seng Index fell 1.7% as of 10:28 a.m. local time, while China’s currency weakened 0.1%. U.S. President Donald Trump is expected to sign a bill passed by Congress supporting Hong Kong protesters, a move which could derail a potential trade agreement with Beijing. Losses pared slightly after China’s chief negotiator Liu He said he remained “cautiously optimistic” about reaching a phase one trade deal with the U.S.
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11.20.2019 Asian shares lost out to safe-harbour bonds on Wednesday as Sino-U.S. trade talks produced nothing but white noise, while concerns about a supply glut left oil prices nursing their biggest one-day loss in seven weeks. Graphic: Asian stock markets - https://product.datastream.com/dscharting/gateway.aspx?guid=516bc8cb-b44e-4346-bce3-06590d8e396b&action=REFRESH Figures from the American Petroleum Institute out late Tuesday showed a far larger rise in crude stocks than expected.
11.19.2019 Stocks finished at new closing highs Monday and hit intraday highs in the process. The gains were modest, however, because of unease about whether a U.S.-China trade deal really will get done. The S&P 500 hit a new high of 3,124.17 before falling back to a 1.6-point gain, or 0.05%, to 3,122.03. The index was held back by slumping energy stocks. The Dow was up 0.11% after peaking at 28,040.97 in the morning. The Nasdaq Composite and Nasdaq 100 were up 0.11% and 0.16%, respectively.