GLOBAL MARKETS-Stocks rise, bond yields off lows, on trade optimism
A gauge of global stock markets reached a six-week high in choppy trading on Thursday after new hints of progress in the U.S.-China trade dispute, sending bond yields off lows hit earlier in the wake of the European Central Bank's new stimulus measures. On Wall Street, major equity indexes were buffeted by conflicting reports about whether Trump administration officials had considered offering a limited trade deal to China, moving to early highs before quickly paring gains. Stocks have been getting a lift recently from recent signs of a thaw in negotiations between the world's two largest economies, including the announcement by China of some tariff exemptions on Wednesday.
Published:9/12/2019 1:38:32 PM