GLOBAL MARKETS-Stocks rise on trade truce bets; lira shaken by Turkey move on Syria
Stocks gained on Wednesday on a report that China could yet agree to a partial trade deal with the United States despite recent tensions, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever. China is still open to agreeing to a partial trade deal, Bloomberg reported on Wednesday, despite the recent U.S. blacklisting of Chinese technology firms and reports on visa restrictions from both sides. "You don't want to ignore headlines, but at the same time each headline seems to say the same thing - that both sides want to see something happen and both sides are encouraged that something may happen," said Michael Lorizio, senior fixed income trader at Manulife Investment Management in Boston.
Published:10/9/2019 3:53:53 PM