US Treasury Secretary Steven Mnuchin announced that both countries placed trade wars "on hold", boosting Asian Markets higher.
Home Depot's shares fell after its first quarter sales missed estimates.
Walt Disney Company reported its profit that beat Wall Street estimates thanks to the success of "Black Panther" and its theme parks.
Tesla reported a record loss in the first quarter. However, Tesla's CEO Elon Musk is optimistic on the next quarter.
Pfizer posted 1st quarter earnings that missed analysts' estimates, weakened by slow sales of its key drugs.
As the financial sector rose more than 2% in Hong Kong, the Hang Seng Index led the gains on the rally of Asian shares.
As Wall Street closed lower on Thursday, Asian Markets follow with technology sectors falling steeply.
Dollar rises 0.24% to 107.04 yen as hopes for the avoidance of a trade war surfaces.
Asian stocks closed lower on Monday, as China retaliates with new Tariffs against the US.
Tesla stock falls 8% as NTSB conducts a field investigation of a recent Model X fatal crash.
Trump Tariffs ignites trade war fears, sending global stocks falling; China Responds.
Tencent Shares fell as much as 5%; Naspers to sell $10 billion of Tencent shares.