Global markets gain after China cuts tariffs
Equities enjoy support from Wall Street and China’s plan to halve tariffs on some US goods as investors fret about global economy
06 February 2020 - 12:43
London/Tokyo — Stock markets across the world gained on Thursday, helped by record highs on Wall Street and a move by China to halve tariffs on some US goods as investors bet that the global economy would avoid long-term damage from the coronavirus.
Momentum from Wall Street spilt from Asia into European markets, gathering pace as investors assessed prospects for help to the global economy in the form of government stimulus and looser policy from central banks...
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