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Stocks shake off G7 row, U.S. Treasury auctions see strong demand

Reuters 

By Nick Brown(Reuters) - U.S. and European stocks edged up on Monday as investors shook off the weekend's chaotic G7 summit ahead of a week packed with diplomatic events, while a pair of U.S. Treasury Department auctions met with strong demand. Bullishness on the part of investors that the historic summit scheduled for Tuesday between U.S. President Donald Trump and North Korean leader Kim Jong Un will go well helped the S&P 500 rise, along with gains in utility Sempra Energy. Trump, in Singapore for the summit, said the meeting could "work out very nicely" as the countries try to narrow ...

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First Published: Tue, June 12 2018. 01:47 IST
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