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Asian stocks follow Wall Street lower on trade war fears

Credit: SeattlePI.com- Published on July 18, 2019
BEIJING (AP) — Asian stock markets followed Wall Street lower Thursday after President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports.

Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all declined.

Trump alarmed investors by saying he had $325 billion of Chinese imports...
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Credit: Wochit News
Published on July 18, 2019 -  00:33
Asian Stocks Wobble On Earnings Woes, Trade Worries
TOKYO (Reuters) - Asian shares wobbled in early Thursday trading as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, helping to underpin solid demand for safe-haven U.S. Treasuries. A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, July 1, 2019. REUTERS/Issei Kato MSCI’s broadest index of Asia-Pacific shares outside Japan was down a touch, while Japan’s benchmark Nikkei fell 1.3% and Australian shares dropped 0.4%.

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