Global Markets: Shares tick up on US holiday sales hopes, but oil rout checks enthusiasm

Investors were also cautious before U.S. and Chinese leaders meet for crucial talks at the end of the week as trade tensions between the economic superpowers showed no signs of easing. "The U.S.-China summit is the biggest event for the rest of the year," said Nobuhiko Kuramochi, chief strategist at Mizuho Securities.

Global Markets: Shares tick up on US holiday
US stock futures tacked on 0.6 percent in Asian trade, on hopes of brisk spending by U.S. consumers on so-called Black Friday and Cyber Monday sales. Image source: Reuters

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