Global stocks fall from 20-month highs on trade talk doubts


MSCI's gauge of equity performance in 47 countries slid 0.15% from highs last reached in February 2018.On Wall Street, the Dow Jones Industrial Average fell 140.46 points, or 0.52%, to 27,046.23. The S&P 500 lost 9.2 points, or 0.30%, to 3,037.57 and the Nasdaq Composite dropped 11.62 points, or 0.14%, to 8,292.36. MSCI's emerging market index slid 0.07%.

NEW YORK : World stock markets slid from 20-month highs on Thursday as uncertainty about a U.S.-China trade deal offset strong results from Apple and Facebook, while the dollar weakened as investors mulled whether the Federal Reserve will cut rates further.

Chinese officials doubt a comprehensive long-term trade deal with Washington and U.S. President Donald Trump is doable, Bloomberg reported, citing unidentified sources.

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