Saturday, 30 May 2020 08:11 AM MYT
Trump said China broke its word over Hong Kong's autonomy but did not mention any action that would undermine the Phase 1 trade deal that Washington and Beijing signed this year. The Dow Jones Industrial Average fell 17.53 points, or 0.07 per cent, to 25,383.11, the S&P 500 gained 14.58 points, or 0.48 per cent, to 3,044.31 and the Nasdaq Composite added 120.88 points, or 1.29 per cent, to 9,489.87.
MSCI's gauge of stocks across the globe gained 0.05 per cent. In Europe, the pan-regional STOXX 600 index lost 1.44 per cent. Investors have been buying stocks as lockdowns have been lifted or eased, betting on a speedy recovery.MSCI's All Country World Index, which tracks stocks across 49 countries, was up around 3.5 per cent this week ― its best weekly performance since April.