Connect with us

Hi, what are you looking for?

Stocks

Stocks Are Up Worldwide Amid Good Trade News

Stock indexes around the world were higher this morning amid global optimism over China-US trade negotiations. This is thanks in large part to hopes that the world’s two largest economies will strike a deal in March.

Trade hopes have bolstered stocks across the board, although weaker than expected construction data caused US indexes to trim some of these gains. Oil futures have risen, pushed in part by OPEC output cuts. Asian stock markets rose earlier, but markets in Europe and North America have followed suit.

US President Donald Trump is expected to reach a deal with his Chinese counterpart Xi Jinping later this month. A deal would be great news, after months of tit-for-tat retaliatory tariffs being imposed by each side. The deal is expected to cancel American tariffs on at least $200 billion worth of Chinese products.

You May Also Like

News

In the past year, Peloton, manufacturers of stationary exercise bicycles and treadmills, has been experiencing some severe financial difficulties. The company went through a...

News

While the ongoing supply chain problems affecting the global economy have had the expected effects, they’ve also had some decidedly unexpected effects. Specifically, many...

News

As gas prices continue to rise and consumer confidence drops, not to mention the ongoing war in Ukraine, the European economy is taking a...

News

As the environmental need for electric vehicles becomes more pressing, and the car-buying public becomes more eager for them, automotive manufacturers are getting ready...

News

This morning, Coinbase CEO Brian Armstrong sent a mass email out to his company informing everyone that, as stock and crypto prices slip and...

News

Last week, a former cybersecurity expert for Twitter, Peiter “Mudge” Zatko, released a whistleblower report on the social platform. In his report, Zatko cited...

News

Zelle is a peer-to-peer payment app and service that can be used by individuals to send and receive money, in a similar vein to...

News

Earlier this week, following the third-term victory of Chinese President Xi Jinping, market shares in Hong Kong experienced a sudden, violent sell-off. Xi’s controversial...