Asian Stock Market Gains on Trade-War Optimism

Asian Markets Rise on Trade Optimism

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Tuesday, April 3. After another relatively flat day, major U.S. stock market indexes closed with slight gains. The Dow Jones Industrial Average and S&P 500 each rose 0.2% while the NASDAQ gained 0.6%. Asian indexes also advanced on ongoing optimism related to trade talks between the U.S. and China, with China’s Shanghai Composite, Hong Kong’s Hang Seng, Japan’s Nikkei and South Korea’s Kospi each rising around 1%. Meanwhile, ADP’s private sector jobs report missed analyst forecasts and fell to an 18-month low.

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