News Formal

Global stocks mixed amid trade uncertainty

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 99%

United States News News

United States United States Latest News,United States United States Headlines

Global stocks were mixed Wednesday as uneasy investors watched for signs of progress on ending the U.S.-China tariff war following President Donald Trump's conflicting comments on the status of negotiations.

Markets rose after Trump said Monday that Beijing was ready to talk seriously about a worsening tariff war over trade and technology following two weekend phone calls. But investors were left guessing after a Chinese foreign ministry spokesman couldn't confirm any exchange took place.

In early trading, London's FTSE 100 gained 0.3% to 7,114.81 and Frankfurt's DAX fell 0.5% to 11,671.66. France's CAC 40 was off 5 points at 5,360.00. In Asia, the Shanghai Composite Index lost 0.3% to 2,893.76 and Tokyo's Nikkei 225 advanced 0.1% to 20,479.42. Hong Kong's Hang Seng retreated 0.2% to 25,615.48.

UBS, the world's largest wealth manager, recommended customers reduce their exposure to stocks, the first time the bank has done so since the depths of Europe's debt crisis in 2012.

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 US
 

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

United States United States Latest News, United States United States Headlines

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

Canadian stocks have lost $97 billion in August, a month in which stocks normally riseThe S&P/TSX Composite Index slumped more than 2.2 per cent as of Aug. 23, amid worsening trade tensions between the U.S. and China
Source: nationalpost - 🏆 10. / 80 Read more »