Stocks were little changed in Tokyo, Seoul and Sydney, while futures in Hong Kong pointed lower Asian stocks saw a muted open Friday as rising tension between the U.S.
and China added to concern about the pace of economic recovery from the coronavirus pandemic. U.S. futures edged higher. Stocks were little changed in Tokyo, Seoul and Sydney, while futures in Hong Kong pointed lower.
China responded to accusations from President Donald Trump, warning that it will safeguard its sovereignty, security and interests, and threatened countermeasures, dragging down a big Hong Kong exchange traded fund by almost 4%.
The S&P 500 closed lower, with signs mounting that Trump will make his tough-on-China stance a key element of his re-election bid.