Global stocks trail U.S. rise on U.S.-Mexico trade deal optimism

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 99%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Global shares were mostly higher Friday on investor optimism about a possible trade deal between the U.S. and Mexico before tariffs take effect.

France's CAC 40 edged up 1.2% in early trading to 5,341.86. Germany's DAX added 0.6% at 12,019.60. Britain's FTSE 100 was at 7,313.81, up 07%. U.S. shares were set to drift higher with Dow futures gaining 0.3% at 25,823. S&P 500 futures also rose 0.3% at 2,854.

A modest Wall Street rally gained strength in the final hour of trading after Bloomberg reported that the U.S. was considering delaying a 5% tariff on Mexican goods, set to go into effect on Monday. The report came as the two countries held a second day of trade talks. Trump ordered tariffs of up to 25% on hundreds of billions of dollars' worth of Chinese exports and his administration is preparing to extend them to $300 billion more -- almost all items shipped to the U.S. from China. China has reciprocated with tariffs of its own, among other measures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks trail U.S. rise on U.S.-Mexico trade deal optimismAsian shares were mostly higher Friday on investor optimism about a possible trade deal between the U.S. and Mexico before tariffs take effect.
Source: CTVNews - 🏆 1. / 99 Read more »