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World stocks rise amid U.S.-China trade hopes; oil gains

Reuters  |  NEW YORK 

By Lewis KrauskopfNEW YORK (Reuters) - A gauge of stocks around the world reached its highest point in about two months on Monday amid hopes for improving trade relations between the United States and China, while oil prices climbed further.Wall Street's main stock indexes registered slim gains, pulling back from stronger increases during the session.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 ...

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First Published: Tue, May 15 2018. 01:54 IST