By MarketWatch and Associated Press
Nikkei up slightly; tech stocks bounce back after Thursday's selloff
Asian stocks were mostly higher Friday after Thursday gains on Wall Street, but investors continued to watch for news about U.S.-China trade friction.
"Clouded with much uncertainty, markets will likely remain jittery and may struggle to hold on to the gains," said Jayden Loh, a Trader at IG in Singapore.
Japan's benchmark Nikkei 225 added 0.8%, and Australia's S&P/ASX 200 gained 0.4%. South Korea's Kospi rose 0.3%. Hong Kong's Hang Seng gained initially but fell 0.3%, while the Shanghai as also up less than 0.1%.
Tech stocks, which took the brunt of losses Thursday, recovered. Samsung gained 1%, while Tencent bounced nearly 3% and Largan Precision jumped 3.4%.
On Thursday, the S&P 500 index fell 4.11 points, or 0.2%, to 2,695.95. The benchmark index had been down as much as 2.9%. The Dow dropped 79.40 points, or 0.3%, to 24,947.67. The average briefly slumped as much as 784 points. The technology-heavy Nasdaq composite reversed an early loss to finish with a gain, adding 29.83 points, or 0.4%, to 7,188.26.
U.S. benchmark crude and Brent crude , used to price international oils, fell during Asian trading hours before later rebounding slightly.
After falling earlier, the dollar was at 112.82 yen from 112.80 yen late Thursday.