SHANGHAI: Asian shares ticked higher on Monday as investors cheered an announced trade agreement between Beijing and Washington over the weekend although jubilation was capped by prevailing scepticism about the deal.
The small drop in Japanese shares also reflected continued investor trepidation over the specifics of the trade deal. However, the news of a deal was still enough to send the S&P 500 to a record closing high of 3,168.8, up 0.01per cent. The Nasdaq Composite added 0.2per cent to end at 8,734.88, also a record, and the Dow Jones Industrial Average rose 0.01per cent to 28,135.38.
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