Stock traders are jubilant after a report that Mnuchin is mulling a lift of China tariffs
|01/18/2019||Posted by BusinessMediaguide.Com under General World News||
- Global markets climb after reports US Treasury Secretary Steven Mnuchin discussed the possibility of lifting tariffs on Chinese imports.
- Although such reports were denied by senior administration staff, markets took the reports at face value, and stocks rallied late on Thursday.
- That rally has continued into Friday with some Chinese share indexes gaining more than 2% on the day. Stock indexes in Europe are up by as much as 1% in morning trade.
- Follow the latest market movements at Markets Insider.
Stock markets around the world are bouncing Friday on renewed hopes that tensions between China and the US are thawing.
On Thursday evening, read more >>>