Asian Shares Rise Amid Limited Holiday Trading and U.S. Futures Surge

Reported about 9 hours ago

Global shares saw a rise in subdued trading on Labor Day, as many markets were closed. The S&P 500 futures jumped 1.5%, and Tokyo's Nikkei gained 1.1%. The Bank of Japan kept interest rates unchanged but scaled back economic growth forecasts, raising concerns about the impact of U.S. policies. Investors remain wary of the uncertainty driven by President Trump's trade war, which has led to fears of stagflation in the U.S. economy.

Source: YAHOO

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