Japanese stocks rally after Wall Street's big rebound, but South Korea and Shanghai markets drop - News Summed Up

Japanese stocks rally after Wall Street's big rebound, but South Korea and Shanghai markets drop


Trading was buoyed by data showing that growth of U.S. holiday sales was at six-year high. Retail sales gained 5.1% between Nov. 1 and Dec. 24 compared with a year ago, Mastercard SpendingPulse reported. It tracked spending online and in stores across all payment types, including cash and check. All in all, shoppers spent more than $850 billion this year, it added.


Source: Los Angeles Times December 27, 2018 09:34 UTC



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