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Global stocks gain on trade, Brexit optimism, US$ slides


  • Markets
  • Saturday, 16 Mar 2019

The Dow Jones Industrial Average rose 139.07 points, or 0.54 percent, to 25,849.01. The S&P 500 gained 13.99 points, or 0.50 percent, to 2,822.47 and the Nasdaq Composite added 57.62 points, or 0.76 percent, to 7,688.53.

The Dow Jones Industrial Average rose 139.07 points, or 0.54 percent, to 25,849.01. The S&P 500 gained 13.99 points, or 0.50 percent, to 2,822.47 and the Nasdaq Composite added 57.62 points, or 0.76 percent, to 7,688.53.

NEW YORK: A gauge of global equity markets hit a five-month high on Friday on investor optimism over U.S.-Chinese trade talks and hopes a new Brexit vote next week will prove successful, but the dollar headed to its biggest weekly loss since early December.

Hopes of Britain avoiding a chaotic exit from the European Union lifted stock indexes in Europe to highs last seen in October, while substantive progress on U.S.-China trade talks -as reported by China's state-run news agency - also buoyed sentiment.

Markets , Corporate News

   

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