LONDON - Global stocks were little changed on Monday as broadly positive U.S. jobs data quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted and more weak European economic data trickled in.
Stocks globally took a battering last week, falling to their lowest level in over a month on fears of a U.S. economic slowdown. But positive U.S. jobs data on Friday helped spark a turnaround. MSCI’s All-Country World Index .MIWD00000PUS, which tracks shares across 47 markets, flitted between positive and negative territory for most of trade in London. It was last flat.declined 0.2% after the data showed industrial orders fell slightly more than expected in August.
On Sunday, lawyers said a second whistleblower had come forward to substantiate the first complaint from an unnamed U.S. government official, which touched off the investigation.
It's October .... Stocks are weak every October .