GLOBAL MARKETS-Trade tensions pause stocks rally [Reuters]
The Bank of New York Mellon Corporation (BK)
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Source: Reuters
Trade tensions pause stocks rally | Reuters 5 Min Read LONDON (Reuters) - World stock markets fought to keep a rebound alive on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, clouding what had been a bright start to the week. European markets opened subdued, but dipped as trading progressed, with the pan-European STOXX 600 benchmark last down 0.4 percent, pulling back from a one-week high hit in the previous session. Asian markets put on a brave face, with Japan's Nikkei .N225 adding 0.64 percent and Chinese blue chips .CSI300 down 0.1 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was last up 0.3 percent. E-Mini futures for the S&P; 500 ESc1 dipped 0.3 percent, indicating a lower open on Wall Street. The MSCI All-Country World Index .MIWD00000PUS, which tracks shares in 47 countries, was flat on the day. In an interview with the Wall Street Journal, Trump said he expects to raise tariffs on $200 billion
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BK
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