Wall Street ends higher on hopes of trade war de-escalation
- US stocks advanced on Thursday following a two-day rally.
- Hopes for easing trade tensions and Federal Reserve independence drove the market gains.
- Many companies reported strong early 2025 profits but offered cautious future outlooks.
- The S&P 500 index gained 1.67%, reaching 5,375.86; however, China denied active tariff talks.
- Market swings will likely continue until tariff policy provides greater clarity.
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78 Articles
Taiwan, Philippines power Asia stocks higher; currencies listless
Taiwan stocks gain tracking Wall Street Manila shares hit highest in over a month Rupiah rises 0.3% Emerging Asia shares rallied on Friday, led by indexes in Manila and Taipei, on a potential de-escalation in trade tensions between the world’s two largest economies, while currencies in the region struggled for direction. Equities in Taiwan […] The post Taiwan, Philippines power Asia stocks higher; currencies listless appeared first on Interaksyo…

Asia stocks rise in wake of Wall Street rally
Asian stocks climbed on Friday, buoyed by a rally on Wall Street, strong earnings from Google parent company Alphabet, and the prospect of diffusing tensions in US President Donald Trump's trade war.
Stocks surge for 3rd straight day on hopes of tariff progress
Stock markets rose for the third consecutive day as companies reported solid earnings amid rising investor hopes for a detente in the U.S. trade standoff with China. Stock markets closed higher Thursday, buoyed by hopes of a cooling-off in the U.S.-China trade wars after Trump administration officials earlier this week painted a picture of progress. The S&P 500 gained 2%. The Dow rose 1.2%, or 486 points, while the tech-heavy Nasdaq closed 2.7% …
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