The easing of Chinese trade and US data revive global stocks



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Global stock indexes dominated positively during yesterday's trading and sentiment resumed after China's announcement to exempt certain agricultural products from customs duties imposed on US products last week. sign of easing trade tensions between China and the United States in the prospect of a new round of negotiations to control a bad trade war.

The United States and China offered conciliation, with China resuming its purchases of US agricultural products and leaving US President Donald Trump to increase tariffs on specific Chinese products.

On Wall Street, the S & P and Dow Jones Industrial Indexes opened higher, boosted by growing optimism over trade negotiations as well as stronger than expected national retail sales.

The Dow Jones Industrial Average rose 34.22 points, or 0.13%, to 27,216.67, while the Standard & Poor's 500 Index was up 2.64%, or 0.09%, at 3012.21, and the Nasdaq down 3.90 points or 0.05% to 8 190.57.

European equities were virtually flat at the start of the session and posted gains for the fourth week after the European Central Bank took aggressive action to boost economic growth.

During the trading session, the Stoxx 600 European equity index fell 0.03%, while the euro area index increased slightly.

Japanese stocks rose and the Nikkei reached its highest level in four months, while concern over a slowdown in the global economy eased after signs of a thaw of trade tensions between the United States and China and the easing policy of the European Central Bank.

The Nikkei rose 1.1% to 21,988.29, its highest level since May 7th.

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