image: AP Photo/Lee Jin-man

Stocks are higher as US, China put trade war on hold

May 21, 2018

Via: ABC News

Global stock markets rose on Monday as the United States and China put a trade war on hold, clearing some uncertainty for investors.

KEEPING SCORE: Britain’s FTSE 100 was up 0.6 percent at 7,823 and France’s CAC 40 rose 0.5 percent to 5,642. The German market was closed for a holiday. Futures augured gains on Wall Street. S&P futures rose 0.6 percent while Dow futures advanced 0.9 percent.

ASIA’S DAY: Asian markets closed mostly higher. Japan’s Nikkei 225 rose 0.3 percent to 23,002.37. Hong Kong’s Hang Seng gained 0.6 percent to 31,234.35, while the Shanghai Composite Index advanced 0.6 percent to 3,213.84. South Korea’s Kospi added 0.2 percent to 2,465.57. Australia’s S&P/ASX 200 inched down 0.1 percent to 6,084.50. Stocks in Southeast Asia were mixed.

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