NewsFeeder
Headline News
- Reaction score
- 4
Global stocks edge up on earnings, but trade worries limit gains, dollar
Stocks around the world edged higher on Friday on robust earnings, with consumer staples results boosting Wall Street, though a trade spat between the U.S. and China and tepid U.S. jobs numbers capped gains and weighed down the dollar. "The jobs report doesn't change the strength of the job market, it's just disappointing this time," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. Market participants were still fixed on an escalating trade dispute between the U.S. and China, which proposed new tariffs on $60 billion worth of U.S. goods.
https://finance.yahoo.com/news/asia-stocks-restrained-dollar-2-005534486.html?.tsrc=rss
Stocks around the world edged higher on Friday on robust earnings, with consumer staples results boosting Wall Street, though a trade spat between the U.S. and China and tepid U.S. jobs numbers capped gains and weighed down the dollar. "The jobs report doesn't change the strength of the job market, it's just disappointing this time," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. Market participants were still fixed on an escalating trade dispute between the U.S. and China, which proposed new tariffs on $60 billion worth of U.S. goods.
https://finance.yahoo.com/news/asia-stocks-restrained-dollar-2-005534486.html?.tsrc=rss
