TOKYO — Asian shares were mostly higher Friday after gains on Wall Street but investors continued to watch for news about U.S.-China trade friction.
KEEPING SCORE: Japan's benchmark Nikkei 225 added 0.1
ANALYST'S TAKE: "Clouded with much uncertainty, markets will likely remain jittery and may struggle to hold on to the gains," says Jayden Loh, a Trader at IG in Singapore.
WALL STREET: The S&P 500 index fell 4.11 points, or 0.2
FED WATCH: Last week, stocks jumped after Fed Chairman Jerome Powell indicated the central bank might consider a pause in rate hikes next year while it gauges the impact of its credit tightening program. The Fed has raised rates three times this year and is expected to boost rates for a fourth time at its Dec. 18-19 meeting of policymakers. At the same time, there has been growing evidence that global economic growth is slowing.
TRADE WATCH: The gap between what the U.S. sells and what it buys from foreign countries hit $55.5 billion in October, according to the U.S. Commerce Department. The politically sensitive deficit with China rose 7.1
ENERGY: U.S. benchmark crude fell 24 cents to $51.25 a barrel. It dropped 2.6
CURRENCIES: The dollar weakened to 112.75 yen from 112.80 yen late Thursday. The euro rose to $1.1376 from $1.1345.
Yuri Kageyama is on Twitter at https://twitter.com/yurikageyama
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Yuri Kageyama, The Associated Press