Global stocks gain on optimism around Brexit deal
The Dublin stock exchange, a barometer for sentiment around the UK's departure from the EU, rose 0.9%
Shanghai/London — Last-minute tweaks to Britain's deal to leave the EU triggered gains across global stocks and propelled sterling higher on Tuesday, soothing investor worries about a possible no-deal exit that has unnerved financial markets in recent months. Gains in Asian equities extended to Europe, where the pan-European Stoxx 600 was up 0.2%, after Brussels agreed to additional changes to an updated Brexit deal with British Prime Minister Theresa May on Monday. Wall Street futures were also higher in early European trade. The Dublin stock exchange, a barometer for sentiment around the UK's departure from the bloc, rose 0.9%, outperforming its European peers, while the UK's blue chip FTSE 100 dropped 0.1%. With 70% of its income coming from abroad, the blue-chip index is often pressured by a stronger pound. Sterling, which had already risen ahead of the talks on changes, rallied on hopes the assurance may be enough to sway rebellious British MPs who have threatened to vote down ...
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