Global stocks lower after U.S.-China trade jitters resurface

📆 2019/09/03 21:59:00

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Global stock markets were mostly lower Tuesday amid revived jitters over U.S.-Chinese trade tension and wrangling by British lawmakers over whether to try to postpone leaving the European Union.

📆 2019/09/03 21:59:00
📰 CTVNews

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Benchmarks in London, Frankfurt and Hong Kong declined. Shanghai closed lower and Tokyo was little changed.

The report is a reminder "of the tremendous gulf between the U.S. and China in reconciling their differences over trade, leaving the global economy hanging in the balance," Han Tan of FXTM said in a report. In early trading, London's FTSE 100 was off 4 points at 7,278.30 and Frankfurt's DAX lost 0.4% to 11,908.80. France's CAC 40 retreated 0.4% to 5,469.29.On Wall Street, the future for the benchmark Standard & Poor's 500 index was off 0.6% with trading due to resume after a three-day weekend. That for the Dow Jones Industrial Average was down 0.7%.

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