stocks NY
NEW YORK: Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going "very well" and a news report suggested key differences were being ironed out.
European stocks rallied, with the blue-chip Euro STOXX 50 <.STOXX50e>, Germany's DAX <.GDAXI> and French CAC 40 <.FCHI> gaining more than 1%. The news reversed overnight losses in Asia when investors remained jittery over the prolonged talks.
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