Markets clash amid fears of growth, strong US bank earnings and Chinese exports

AP / Richard Drew

• On Monday, global stock markets were mixed, with commercial disputes and financial conditions that "plagued investors" were positive, said London Capital Group's Jasper Lawler.
• JP Morgan and Wells Fargo reported strong results last week, while Chinese exports jumped 14% in March from a 21% drop in February.
• The US-China trade talks may soon conclude, according to US Treasury Secretary Steven Mnuchin.

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Some stock markets dipped Monday morning as the US earnings season started in a positive light and Chinese exports were rebounding amid lingering fears of a slowdown in global growth.

"Trade disputes and tightening financial conditions have caused investors to be preoccupied with the health concerns of the global economy," said Jasper Lawler, head of research at the London Capital Group.

The European Union countries that voted on Monday gave the green light to begin trade negotiations with the United States. France voted against the mandates while Belgium abstained, Reuters reported.

JPMorgan and Wells Fargo boosted their optimism last week with "strong" earnings reports, "giving equity traders confidence that US companies are doing well in tough economic times in the US," Lukman Otunuga said. , research badyst at FXTM.

At the same time, Chinese exports rose by about 14 percent in March, after falling by nearly 21 percent in February, signaling that global trade may be able to overcome the trade war between the United States and the United States. China.

These tensions may soon be easing as trade talks "come closer to the latest round of talks," US Treasury Secretary Steven Mnuchin said Saturday, according to the Wall Street Journal.

Here is the summary of 9:43 (17:30 ET):

• Asian equities broadly closed lower Composite of Shanghai slipped 0.3%, the SZSE component derivative of 0.8%, and Hong Kong Hang Seng decreased by 0.3%. From Japan Nikkei rose 1.4% before a 10-day break for the markets.
• European markets were flat with Germany DAXFrom Great Britain FTSE 100, and the Euro Stoxx 50 all within 0.1% of their initial value.
• US equities were set to open slightly lower, with futures contracts underlying the Dow and S & P 500 near flat and those under the Nasdaq down 0.1%.