Asian Markets And US Futures Spike As EU Leaders Release Details

sunrise sun morning

Photo: WIkipedia

U.S. stock markets rallied today, despite limited news out of the EU leaders’ summit.  Talks are still ongoing. Asian markets and US futures ticked up minutes ago on a report that eurozone leaders reached a deal for private investors to take a 50% haircut on their Greek sovereign debt holdings.

Japan’s Nikkei is up 0.5%.

Korea’s Kospi is up 1.2%.

Hong Kong’s Hang Seng is up 1.4%.

Shanghai Composite is up 0.6%.

Australia’s ASX market continues to be halted due to a technical glitch.

Follow the EU leaders’ summit LIVE on Money Game>

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.