GLOBAL MARKETS-Stocks recover but disquiet over trade talks lingers

9 Oct by Vitaliy Dadalyan

GLOBAL MARKETS-Stocks recover but disquiet over trade talks lingers

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Global stocks recouped early losses as news reports raised hopes that the United States and China would settle some economic disputes, but investors were kept on edge by an earlier report that trade talks due to begin on Thursday could be cut short. U.S. S&P500 mini futures traded down 0.1%, with a big part of early losses cut after the New York Times reported Washington will soon issue licenses allowing some U.S. firms to supply non-sensitive goods to China’s Huawei Technologies. Another report, from Bloomberg, that the White House is looking at rolling out a previously agreed currency pact with China, also raised hopes of a partial deal and helped to lift risk assets.

Source:: Yahoo! Trucking News