Global shares were mixed Tuesday after China said its top trade envoy and other senior officials spoke by phone with U.S. negotiators.
The lackluster session followed a rally of technology shares on Wall Street prompted by China’s new guidelines for the protection of patents and copyrights. Theft of intellectual property has been a big sticking point in the U.S.-China trade war.
Markets saw the stricter guidelines as an encouraging sign for negotiations on the first phase of a deal aimed at ending the tariff war between the world’s two largest economies.
