ADVERTISEMENT

World stocks choppy on political sparring


  • Markets
  • Wednesday, 12 Dec 2018

Traders work on the floor of the New York Stock Exchange (NYSE) in New York yesterday. - Reuters

Traders work on the floor of the New York Stock Exchange (NYSE) in New York yesterday. - Reuters

NEW YORK: A gauge of global stock markets edged higher in volatile trade on Tuesday as investors waded through a chunk of geopolitical headlines, including threats by U.S. President Donald Trump to shut down the government over a funding fight and signs of a thaw in the U.S.-China trade battle.

European shares closed higher, in part from a boost in auto shares, and Wall Street opened on a strong note after a report that China is moving to cut import tariffs on American-made cars, which market participants viewed as a sign China is ready to make concessions on trade.

Markets , Corporate News

   

ADVERTISEMENT