World stocks are rising on hopes for US-China trade talks in 2 weeks

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Traders also cheered reports that China has granted waivers for tariff-free soy purchases to several companies.

World stocks rose on Tuesday on renewed hopes for an end to the US-China trade war, after US Treasury Secretary Steven Mnuchin said negotiations will resume in two weeks. The optimism outweighed disappointing US service data and fresh signs of a manufacturing slowdown in Germany and Japan. View Markets Insider's homepage for more stories.

World stocks rose on Tuesday on renewed hopes for an end to the US-China trade war, after US Treasury Secretary Steven Mnuchin said negotiations will resume in two weeks. The optimism outweighed disappointing US service data and fresh signs of a manufacturing slowdown in Germany and Japan. View Markets Insider's homepage for more stories.

Source: News Formal (newsformal.com)

 

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