Stocks across the globe rise on positive sentiment around trade talks
MSCI's all-country world index, which tracks shares in 47 countries, was up 1% on the day and was set for its best week since early January
London — Global stocks rose on Friday after a report that US-China trade talks were making progress and a vote by UK legislators to delay the British exit from the EU. European stocks markets opened higher, with the pan-European Stoxx 600 index reaching its highest since October. S&P 500 futures also gained, indicating that stocks would open higher on Wall Street. Chinese vice-premier Liu spoke by telephone to US treasury secretary Steven Mnuchin and US trade representative Robert Lightizer, and the two sides made substantive progress on trade, news agency Xinhua reported. In Asia, MSCI's broadest index of Asia-Pacific shares outside of Japan gained more than 0.5%. MSCI's all-country world index, which tracks shares in 47 countries, was up 1% on the day and was set for its best week since early January. The Shanghai Composite Index added 1% and Japan's Nikkei climbed 0.8%. South Korea's Kospi rose nearly 1%. The index had risen as much as 1.2% but gave up some gains following report...
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