Global markets antsy over US-China trade deal doubts
Sources say the trade truce plan has met with US opposition, with European and Asian stocks retreating from the previous session’s highs
08 November 2019 - 12:30
London — Uncertainty about the fate of the trade negotiations between the US and China kept markets on their toes on Friday, with European stocks benchmarks mimicking their Asian peers and retreating from the previous session’s highs.
Overnight on Wall Street, the Dow and S&P 500 reached record closing highs on hopes of a truce to end the damaging tariff war, but a Reuters report that the White House opposed aspects of a tentative deal limited the day’s gains...
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