Wall Street advances on trade hopes, data shows investor pessimism

Wall Street advances on trade hopes, data shows investor pessimism

Wall Street‘s main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan … Read more

Global stocks, Bitcoin rally on renewed trade deal hopes

Global stocks, Bitcoin rally on renewed trade deal hopes

World stocks hovered near their highest levels in six weeks on Friday after a U.S. trade deal with Britain fueled guarded optimism for progress in tariff talks with other countries. India on Friday offered to slash its tariff gap with the U.S. to less than 4% from nearly 13% now, in exchange for an exemption … Read more