Asian stocks make cautious gains as US-China frictions slow recovery rally


A man is walking past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo. Asian stocks rose on Tuesday (June 2) as investors' focus on the prospects of a global coronavirus recovery won out over familiar worries about US-China relations and the depth of economic damage. - AP

SINGAPORE (Reuters): Asian stocks rose on Tuesday (June 2) as investors' focus on the prospects of a global Covid-19 (coronavirus) recovery won out over familiar worries about US-China relations and the depth of economic damage.

Hampering broader global risk appetite, however, was US President Donald Trump's vow to use force to end violent protests in American cities, which kept Wall Street stock futures negative in Asia.

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