LONDON - Global stocks made gains on Friday as investors held out hopes for a trade deal between the United States and China, even as another round of U.S. tariffs on Chinese goods took effect.
MSCI’s All-Country World Index, which tracks stocks across 47 countries, was up 0.2% after the start of European trading. Top U.S. and Chinese negotiators are in talks to try to rescue a faltering deal aimed at ending a 10-month trade war between the world’s two largest economies. “In the short term, a renewed intensification of trade tensions between the United States and China could fuel further volatility and lead to temporary setbacks,” analysts at Credit Suisse.
UBS Wealth Management cut its exposure to emerging market stocks late Thursday, changing its portfolio as the intensification of trade tensions took its toll on markets, the asset manager said in a note. On Iran, Trump said he could not rule out a military confrontation after Tehran relaxed restrictions on its nuclear program in response to U.S. sanctions imposed following Trump’s withdrawal of the United States from the accord with a year ago.Three-month bill yields stood at 2.456%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fresh Trade Tensions Upend Market CalmStocks around the world dropped after the sudden intensification of U.S.-China trade tensions, sowing fears the conflict could spill over into slower economic growth. Get your cash ready, things are about to get discounted... Thanks realDonaldTrump maggieNYT As dark as it is, I find myself hoping for a recession just so we can get a reset on all this plutocratic fuckery that goes on.
Source: WSJ - 🏆 98. / 63 Read more »
Global stocks slip, bonds rally as U.S.-China trade fears growAsian equities tracked Wall Street's slide on Wednesday as the latest devel...
Source: Reuters - 🏆 2. / 97 Read more »
Here's why global stocks aren't sinking despite the US tariff hikeA global stock market sell-off started to ease on Friday despite the U.S. fulfilling a promise to ramp up tariffs on Chinese goods. PPT baby!! You still think your assets are secured on exchange you use ? Think again, Do not wait until it happens with your exchange and get a Ledger Nano X now. STOCK MARKET WENT DOWN BECAUSE OF SELLERS THEN WENT UP BECAUSE OF CHEAP PRICES
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Activision Blizzard, Dish Network, Tesla & moreThese are the stocks posting the largest moves midday Friday.
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks rise as increased tariffs on China loomStocks in Asia rose in Friday morning trade, with increased U.S. tariffs on Chinese goods set to kick in at 12.01 a.m. ET Friday. What the F is that on your head😂 Fair trade not free trade were you put tariffs on us and we don’t reciprocate,you use slave labour and we don’t,you control the masses by dictatorship totalitarian rule and we have democracy freedoms.pres.Trump stated I am the president of the u.s not he world.the raping stopsno
Source: CNBC - 🏆 12. / 72 Read more »
Stocks close moderately lower after dramatic comeback as Trump reignites trade-war fearsU.S. stock futures under sharp pressure -- Nasdaq-100 futs down 2.4% -- as global investors caught off guard by Trump threats to lift China tariffs. Your move China. Wake up. You're a day late.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks may be bouncing but Trump's tweet wasn't really signaling all-clear on tradePresident Donald Trump says China wants a deal, but Wall Street is not totally convinced there will be one, even though stocks rose on the president's remarks Wednesday. The world will see washingtonpost nytimes AP realDonaldTrump SenSchumer Jim_Jordan senatemajldr Y did Trump manipulate a publicly traded company in Ohio that makes electric cars called 'WORKHORSE' by falsely saying GM is selling their Lordstown plant 2 them, it caused the stock 2 go up 200%
Source: CNBC - 🏆 12. / 72 Read more »