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World stocks rise amid U.S.-China trade hopes; dollar slips

Reuters  |  NEW YORK 

By Lewis KrauskopfNEW YORK (Reuters) - A gauge of stocks around the world rose to its highest point in about two months on Monday amid hopes for improving trade relations between the United States and China, while the U.S. dollar weakened for a fourth straight session against a basket of currencies.U.S. President Donald Trump pledged on Sunday to help ZTE Corp "get back into business, fast" after a U.S. ban crippled the Chinese technology company, offering a job-saving concession to Beijing ahead of high-stakes trade talks this week.MSCI's index of stocks across the globe gained 0.22 percent, ...

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First Published: Mon, May 14 2018. 23:21 IST