That U.S.-China Trade Call Is Failing to Calm Asia Stock Markets

Even signs that trade discussions between the U.S. and China are still ongoing are doing little to assuage the discontent that’s settled on Asian markets.

While news that top Chinese and American trade officials talked over the phone helped the region’s shares almost erase early Tuesday losses, the MSCI Asia Pacific Index soon headed back in the red. S&P 500 Index futures showed a similar trading pattern.