GLOBAL MARKETS-Stocks rally on renewed trade talk optimism, yields rise
Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going "very well" and a news report suggested key differences were being ironed out. European stocks rallied, with the blue-chip Euro STOXX 50 , Germany's DAX and French CAC 40 gaining more than 1%. The dollar slumped against the euro after the Institute for Supply Management (ISM) reported activity in the U.S. services sector slowed more than expected in November amid lingering concerns about trade tensions and worker shortages.
Published:12/4/2019 10:30:29 AM