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GLOBAL MARKETS-Stocks inch higher as investors downplay escalating trade war
A rise in U.S. technology stocks and better-than-expected economic data in China pushed global equity markets higher Monday, despite reports that Washington was considering escalating its trade war with China by delisting Chinese companies from U.S. exchanges. U.S. President Donald Trump is looking at the move as part of a broader effort to limit U.S. investment in Chinese companies, sources told Reuters on Friday, though it was not clear how any such delisting would work. China has warned of instability in global markets from any "decoupling" with the United States, noting a U.S. Treasury response that said there were no immediate plans to block Chinese listings.
https://finance.yahoo.com/news/global-markets-stocks-inch-higher-171823068.html?.tsrc=rss
A rise in U.S. technology stocks and better-than-expected economic data in China pushed global equity markets higher Monday, despite reports that Washington was considering escalating its trade war with China by delisting Chinese companies from U.S. exchanges. U.S. President Donald Trump is looking at the move as part of a broader effort to limit U.S. investment in Chinese companies, sources told Reuters on Friday, though it was not clear how any such delisting would work. China has warned of instability in global markets from any "decoupling" with the United States, noting a U.S. Treasury response that said there were no immediate plans to block Chinese listings.
https://finance.yahoo.com/news/global-markets-stocks-inch-higher-171823068.html?.tsrc=rss
