ASIAN stocks pared losses and U.S. futures pushed higher Thursday as investors digested a surprise rise in China’s exports amid mixed global economic data. Treasuries pared an overnight decline.
S&P 500 futures extended gains and the offshore yuan rose after Chinese exports beat expectations in April. Japanese shares stayed lower as traders in Tokyo returned from holidays. South Korean shares fluctuated and Hong Kong stocks slipped. The dollar held gains, while the yen continued to trade near the highest since mid-March. Benchmark Treasury yields ticked lower.
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