Q2 STOCKS TO BUY

Overseas Trading: Global Stocks Gain; Apple Dealt a Blow

Japanese stocks struggled despite a generally upbeat round of data, while Apple Inc. (AAPL) is under fire in Europe

Aug 30, 2016 at 8:37 AM
facebook X logo linkedin


Stocks in Asia mostly settled higher, as crude futures edged up in overnight trading, boosting energy shares. Healthy gains in U.S. markets served as a positive catalyst, as well. In terms of individual indexes, Hong Kong's Hang Seng led the way, adding 0.9%. China's Shanghai Composite tacked on 0.2%, while South Korea's Kospi rallied 0.4%.

Bucking the regional trend higher was Japan's Nikkei, which ended a hair lower, losing less than 0.1%. The slip came in spite of a narrower-than-forecast drop in both household spending and retail sales, as well as a 21-year low in the unemployment rate.

Despite a downbeat day for mining stocks amid sliding commodity prices, European markets are up at midday. Without any earnings reports to digest, traders are reacting to the European Commission's ruling against Apple Inc.'s (NASDAQ:AAPL) tax arrangement with Ireland. At last check, France's CAC 40 and Germany's DAX are 0.8% and 1% higher, respectively, while London's FTSE 100 is more or less flat.

overseas trading august 30

Sign up now for Schaeffer's Market Recap to get all the day's big stock movers, must-know technical  levels, and top economic stories straight to your inbox. 

 
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

👀Learn How Dividends Create Passive Income for Life
Receive $200 Off Motley Fool Epic. The Motley Fool Epic $299 discounted offer is based on $499/year list price. Introductory promotion for new members only. Take control of your money and your portfolio with Motley Fool Epic.

💵New Income System Could Pay You $4,243 Monthly
You could collect an average of $4,243 per month starting as early as next week with a new payout system for income investors. New registrations are being accepted for investors who want to be in a position to start with their first payout next week.

🚀Easy 92% Crypto Dividends (No Coins Required)
COIN stock doesn't pay a dividend... But there's actually a new way to collect a massive dividend that's indirectly based on the stock and offers a terrific monthly income (currently yielding nearly 92% on a forward basis).

🤝Free Advisor Match with Wiseradvisor.com
Don't leave your retirement to chance! Get matched with a trusted financial expert for FREE and make the most of your tax refund. Get started now.

⚠️Dennis Quaid's #1 Warning for Americans
Here's the thing: life doesn't come with guarantees. The economy shifts, markets stumble, and years of hard work could slip through your fingers like sand. But it doesn't have to be that way for you. So request a free copy of this Gold & Silver Guide that will arrive right to your doorstep when you act now.

 

 
 

Follow us on X, Follow us on Twitter