US-China trade progress is giving global markets some hope

    Hong Kong (CNN Business)Asian markets mostly opened higher Tuesday, but pared back their gains to trade mixed as investors await more news on US-China trade relations and a decision from the Federal Reserve later this week.

    Japan’s Nikkei 225 (N225) jumped 0.5% at the open. It retreated slightly in the afternoon, though was still positive. The index is trading at its highest level in about a year.
    Hong Kong’s Hang Seng (HSI) rose 0.5% early, too, but reversed that trend and was last trading down 0.5%.


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