New York — The US’s friendlier stance on its trade relationship with China led global stock markets slightly higher on Wednesday, despite a 2% slide in Chinese equities, and drew the dollar towards its second straight day of gains. US President Donald Trump’s administration unveiled a plan for a stronger security review process of foreign investors acquiring American technologies, softening its tone from previous remarks indicating it would specifically block Chinese investments. "Such legislation will provide additional tools to combat the predatory investment practices that threaten our critical technology leadership, national security, and future economic prosperity," Trump said in a statement. By mid-morning, the Dow Jones Industrial Average rose 185.82 points, or 0.77%, to 24,468.93; the S&P 500 gained 13.14 points, or 0.48%, to 2,736.2; and the Nasdaq Composite added 12.14 points, or 0.16%, to 7,573.76. Gains were capped by investors’ persistent concerns about the volatility i...
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