Global stocks rise as no harm seen in trade row, dollar gains

in #news6 years ago

NEW YORK (Reuters) - Global equity markets rallied on Tuesday as the latest tit-for-tat U.S.-Chinese trade dispute was seen as barely denting world growth, while U.S. Treasury yields rose in anticipation the Federal Reserve will hike interest rates this year and next. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2018. REUTERS/Brendan McDermidChina said it will levy tariffs on about $60 billion worth of U.S. goods, as previously planned, but cut the level of tariffs it will collect. U.S. President Donald Trump on Monday said 10 percent ...

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Posted from my blog with SteemPress : https://jlk.news/uncategorized/global-stocks-rise-as-no-harm-seen-in-trade-row-dollar-gains

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