Global markets lower amid uncertainty about U.S.-China trade

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Global stock markets were lower Thursday amid doubts about the status of a U.S.-Chinese trade deal after the U.S. Federal Reserve chairman said it is likely to leave its benchmark interest rate unchanged.

Investors were wary after The Wall Street Journal reported Chinese negotiators were reluctant to commit to the size of purchases of U.S. farm goods in an interim agreement aimed at ending a tariff war.

"It's more about China getting locked into a numerical commitment as opposed to balking at the deal," said Innes. "This is something that needs to get ironed out and certainly not a bridge too far." In Asia, Tokyo's Nikkei 225 lost 0.8% to 23,141.55 while the Shanghai Composite Index gained 0.2% to 2,908.87. Hong Kong's Hang Seng dropped 0.9% to 26,323.69.

The benchmark S&P 500 index rose 0.1% to 3,094.04, a record. The Dow Jones Industrial Average gained 0.3% to 27,783.59, also a record. The Nasdaq dropped 0.1% to 8,482.10.

 

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Same Headline we keep seeing every week. They’ll get it done when they are both pushing everyone else into a fucking recession including themselves.

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