Global stocks rise on U.S.-China trade hopes

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Global stocks rose Friday on hopes that next month's U.S.-Chinese talks might produce progress toward ending a costly tariff war over trade and technology.

Investors were encouraged by a Chinese government statement Thursday that its penalties on U.S. products are adequate. That suggested Beijing might be pausing in a tit-for-tat cycle of tariff hikes by both sides that has fueled fears the global economy might tip into recession.

Some analysts say Beijing might be waiting for President Donald Trump's re-election campaign in hopes he will feel pressure to strike a deal -- or is holding out to negotiate with his successor if he loses.In Europe, Germany's DAX led the way, gaining 1.2% to 11,983 in midday trading. France's CAC 40 added 1% to 5,500 while London's FTSE rose 0.7% to 7,239.

U.S. stocks finished Thursday with broad gains for the second day in a row after an uneven start to the week.

 

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Somebodies friends and family are making a killing off someones tweets...:/ Wish i had some inside info like them. SEC shortsellin griftersgonnagrift

Global stocks rise on Trump manipulating the markets, again !!! There, fixed it !!!

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