Stock markets pick up after Asia drops over Trump tariffs - News Summed Up

Stock markets pick up after Asia drops over Trump tariffs


European stock markets rose and Wall Street was expected to open higher on Monday, despite a drop in Asia, where investors fretted over the possibility of new and bigger U.S. tariffs on Chinese goods. KEEPING SCORE: In Europe, France's CAC 40 was up 0.5 percent at 5,277, while Britain's FTSE 100 gained 0.3 percent to 7,301. Australia's S&P/ASX 200 was less than 0.1 percent lower at 6,141.70 and the Kospi in South Korea gained 0.3 percent to 2,288.66. The Trump administration is already poised to slap tariffs on $200 billion worth of goods from China, such as handbags and bicycle tires. ENERGY: Benchmark U.S. crude added 50 cents to $68.25 a barrel.


Source: ABC News September 10, 2018 09:37 UTC



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