Markets mixed as growth fears clash with strong US bank earnings and Chinese export gains
|04/15/2019||Posted by BusinessMediaguide.Com under General World News||
- World stock markets were mixed on Monday as positives in the market battled with trade disputes and financial conditions that “have been plaguing investors,” said London Capital Group’s Jasper Lawler.
- JP Morgan and Wells Fargo reported strong earnings last week, while Chinese exports jumped 14% year-on-year in March after dropping 21% in February.
- US-China trade talks could be nearing a conclusion, according to US Treasury Secretary Steven Mnuchin.
Some stock markets dipped on Monday morning as a positive start to the US earnings season and a recovery in Chinese exports were trumped by continued fears of slowing global growth.
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