BEIJING — Global stocks gained Monday amid investor jitters the U.S.-China trade war might be worsening.
Market benchmarks in Frankfurt and Paris rose in early trading while Shanghai and Hong Kong closed lower. London was unchanged and Tokyo was closed for a holiday.
Investors were encouraged by hopes global central banks will keep interest rates low to shore up economic growth. But they worry President Donald Trump’s impending Sept. 1 tariff hike on more Chinese imports will scuttle talks aimed at ending their trade war.