Shares in S. Korea open slightly higher on Friday as markets closely follow D-day of U.S.-China tariff spat

  • 6 years ago
Let's get a check on the market,... as the numbers have been jittery over the past couple days,... leading up to the U.S. imposing 34 billion U.S. dollars of tariffs on China's imports from today.
Markets in Korea started the day up this Friday,... with the KOSPI up a little less than two-tenths of a percent at 2,261... after the benchmark finished lower the day before.
30-minutes into the trading,... the KOSPI was still up about the same amount,... but the KOSDAQ, was down over half-a-percent at 788.
Over on Wall Street,... markets were unfazed though,... making strong gains ahead of the U.S.-China tariffs taking effect Friday local time.
The Dow Jones Industrial Average popped up 180-points, or three-quarters of a percent to 24,356,... but the biggest gains came from tech shares,... pushing up the Nasdaq index one-point-one percent to 7,586.
And the S&P 500 climbed by point-9 percent to 2,736.

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