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Japan, U.S. stocks bounce on report Trump to announce concessions for Huawei

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10/09/2019 | 10:00pm EDT
Men are reflected on an electronic board showing the Nikkei stock index outside a brokerage in Tokyo

TOKYO (Reuters) - Japan's Nikkei share average <.N225> turned positive and U.S. S&P500 futures pared most of their losses on Thursday after the New York Times reported the United States will soon issue licenses allowing some U.S. firms to supply non-sensitive goods to China's Huawei Technologies.

The stock markets were also helped by a Bloomberg report that the White House is looking at rolling out a previously agreed currency pact with China.

(Reporting by Hideyuki Sano; Editing by Shri Navaratnam)

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.95% 26770.2 Delayed Quote.14.76%
NASDAQ 100 -0.93% 7868.490778 Delayed Quote.25.47%
NASDAQ COMP. -0.83% 8089.54332 Delayed Quote.22.93%
NIKKEI 225 0.18% 22492.68 Real-time Quote.12.18%
S&P 500 -0.39% 2986.2 Delayed Quote.19.12%
THE NEW YORK TIMES COMPANY 0.58% 29.72 Delayed Quote.33.33%
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