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image: AP Photo/Vincent Yu

Global stocks mixed as Trump softens tone on trade

May 14, 2018

Via: ABC News

World stocks were mixed Monday after U.S. President Donald Trump softened his tone on trade, saying he would seek a way to keep Chinese technology company ZTE in business despite U.S. sanctions. European markets were slightly weaker amid signs that Italy’s populist parties may form a government.

KEEPING SCORE: France’s CAC 40 dipped 0.3 percent to 5,525 and Germany’s DAX lost 0.4 percent to 12,946. Britain’s FTSE 100 edged 0.3 percent lower to 7,702 and Italy’s FTSE MIB dropped 0.7 percent to 23,994. Wall Street was poised to open higher. Dow futures advanced 0.3 percent and S&P 500 futures rose 0.2 percent.

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