You are here: Home » Reuters » News
Business Standard

Global Markets: Stocks surge after China-U.S. trade truce, Wall Street set for jump

Reuters  |  LONDON 

By Virginia FurnessLONDON (Reuters) - A truce between U.S. and Chinese leaders on trade tariffs boosted global markets on Monday, fuelling an advance of nearly one percent by world stocks, setting up gains on Wall Street and pushing emerging-market currencies higher against the dollar.Equity futures showed all three New York indexes set for a strong session, with the tech-heavy Nasdaq seen opening 2.3 percent higher while futures for Dow Jones and S&P500 rose 1.6 to 1.9 percent.European benchmarks rallied almost across the board. Germany's DAX - the most sensitive to China and trade war ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, December 03 2018. 17:55 IST
RECOMMENDED FOR YOU