Asian stocks were mostly higher on Monday as traders were watching developments on a new round of trade talks between American and Chinese officials in Beijing this week. Markets in China and Taiwan, reopening after the break of the Lunar Week a week, while taking up broad earnings.
Shanghai Composite Index
SHCOMP, + 1.36%
grew by 1.4%, and the lesser Shenzhen composite cap
jump 2%. The Kospi
SEU, + 0.17%
South Korea received 0.1% and Hang Seng Hong Kong
D-up HSI, + 0.71%
0.7%. S & P ASX Australia 200
slipped 0.2%. There were high stocks in Taiwan
Y9999, + 0.72%
but fell in Singapore
STI, + 0.13%
. Closing Japanese markets for holiday.
Individual stocks include technical names such as AAC
2018, + 5.06%
2382, + 7.60%
0700, + 1.85%
rose in Hong Kong, and real estate companies dropped. Motors Hyundai
005380, + 1.59%
rose in Korea, and Taiwan Semiconductor
2330, + 3.17%
2354, + 0.51%
rose in Taiwan. Bank stocks in Australia dropped, led by the Australian National Bank
and ANZ Banking
Most of the United States indexes led businesses by technology and consumer goods companies. They have more balanced losses by financial stocks and retailers after a mixed bag of quarterly earnings. The wide index of S & P 500
SPX, + 0.07%
created 0.1% to 2,707.88 and the Nasdaq composition
COMP, + 0.14%
increase the 0.1% to 7,298.20. Dow Jones Industrial Media
lost 0.3% to 25,106.33.
Meet US and China officials in Beijing for trading talks Thursday and Friday. The Treasury Secretary, Stephen Mnuchin, and trade representative of Robert Lighthizer, will lead the talks of the American delegation, which aims to bring them both closer to solving deep problems as Beijing's technology policy is unhappy. Lower level negotiations are set out on Monday, but a solution is not expected before the tariff crash expires early in March. Any previous agreement, or a simple extension of the truce, will be considered positive for markets. If not, the United States of America is expected to increase import taxes from 10% to 25% to $ 200 billion in Chinese goods.
Axios reported on Sunday that The White House consultants are considering Donald Trump's President Florida Club, Mar-a-Lago, as a site for a possible summit with Xi Jinping of China where which could be dealt with earlier and mid-March to end the trade war.
"In the case of markets, after December's worst and best January in the years, we seem to be back at the point of error over the various asset classes, waiting for directions again," said Jingyi IG Pan in market commentary.  USA raw
CLH9 lost, -0.46%
46 cent to $ 52.26 per barrel in electronic trading on New York Exchange. Amh Brent
LCOJ9, + 0.10%
used to process the prices of international oils, will lose 14 cent to $ 61.96 per barrel.
USDJPY, + 0.45%
rose to 110.01 yen from 109.73 yen late Friday
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