MSCI's gauge of global stock markets set a 21-month intraday high but pared gains to close lower while the Nasdaq and Dow Jones industrial average eked out record closing highs.
NEW YORK: The U.S. dollar and crude prices rose on Tuesday, spurred by optimism that a U.S.-China trade deal may be near, but a rally in global equity markets paused after China pressed U.S. President Donald Trump to remove recently imposed tariffs.
MSCI's gauge of global stock markets set a 21-month intraday high but pared gains to close lower while the Nasdaq and Dow Jones industrial average eked out record closing highs.
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