GLOBAL MARKETS-Chinese trade data calms volatile global markets
Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety due to fears of a worldwide economic pullback. Investors were encouraged by data showing Chinese exports rose 3.3% in July from a year earlier, beating an expected decline of 2%. Chinese imports fell less than forecast, despite the U.S.-China trade war.
Published:8/8/2019 10:10:20 AM