Asian stocks edged up on Monday, catching some of Wall Street's momentum af...
The modest Asian gains compared with Wall Street, which rose to near record highs on Friday on a strong jobs report and some sign of optimism about U.S.-China trade talks, with the benchmark S&P 500U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, in the strongest sign that the economy is in no danger of stalling.
Still, investors think things could change if trade tensions escalate further, especially if Trump goes ahead with planned tariffs on some $156 billion worth products from China from mid-December. U.S. Treasury yields climbed after the strong employment report, with benchmark 10-year notes rising to 1.843% US10YT=RR.
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