Asian stocks wobble on earnings woes, trade worries

Credit: Rumble
Published on July 18, 2019 - Duration: 00:33s

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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