World shares advance after EU strikes trade deal with Trump [Yahoo! Finance Canada]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: Yahoo! Finance Canada
Union worked out a trade deal with the Trump administration ahead of this week's Aug. 1 deadline. Investors were focusing on trade talks between U.S. and Chinese officials in Stockholm, Sweden. Germany's DAX gained 0.3% to 24,296.51, while the CAC 40 in Paris advanced 0.6% to 7,881.21. Britain's FTSE 100 picked up 0.1% to 9,130.17. The future for the S&P 500 gained 0.3% while that for the Dow Jones Industrial Average was up 0.2%. The agreement between the EU and U.S. President Donald Trump calls for 15% tariffs on most EU exports to the U.S. Before Trump began ramping up tariffs, the average level was 1%. The deal was announced after Trump and European Commission chief Ursula von der Leyen met briefly at the president's Turnberry golf course in Scotland. It staves off far higher import duties on both sides that might have sent shock waves through economies around the globe. In Asian trading, Tokyo's Nikkei 225 index lost 1.1% to 40,998.27 after doubts surfaced over what ex
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