Global stocks mixed as traders mull Trump inquiry

Indonesia Berita Berita

Global stocks mixed as traders mull Trump inquiry
Indonesia Berita Terbaru,Indonesia Berita utama

European stock markets opened higher Friday and Asia was mixed as traders weighed slower U.S. economic growth and the possible impact of an impeachment inquiry of U.S. President Donald Trump.

In early trading, London's FTSE 100 gained 0.9% to 7,417.80 and Germany's DAX rose 0.5% to 12,351.22. France's CAC 40 added 0.2% to 5,634.80.

The congressional probe of Trump is adding volatility to markets already jittery over U.S.-Chinese trade tensions. In Asia, the Shanghai Composite Index gained 0.1% to 2,932.17 on the final day of trading before a weeklong Chinese holiday. Traders were encouraged by a Chinese Commerce Ministry announcement that importers had agreed to buy U.S. soybeans as the two sides make conciliatory gestures ahead of trade talks. That followed an earlier decision to list punitive tariffs on soybeans, the biggest Chinese import from the United States.

 

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