Equity investors are watching six key sectors ahead of the U.S. midterm elections, and pharma and bank stocks look best positioned.
Asian stocks traded mixed on Tuesday, with equities climbing in Japan, Australia and South Korea while underperforming in China.
Elsewhere:
– Beijing is still ready to talk trade with Trump, China’s vice president said during Bloomberg’s New Economy Forum. Separately, Jack Ma called the trade war the “most stupid thing.”
– Apple slumped on a report the iPhone maker was canceling a production boost
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