GLOBAL MARKETS-US stocks rise, dollar pares losses on trade talk hopes [Reuters]
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Source: Reuters
GLOBAL MARKETS-US stocks rise, dollar pares losses on trade talk hopes - Reuters 4 Min Read (Adds byline, closer of U.S. markets) * Graphic: World FX rates in 2019 tmsnrt.rs/2egbfVh * Stocks on Wall Street end higher on Trump remarks * Trump says talks will continue in tweet * Cautious optimism in trade talks lifts dollar vs yen * Oil settles mostly lower, gold settles slightly higher By Sinéad Carew and Herbert Lash NEW YORK, May 10 (Reuters) - A gauge of world equity markets rebounded and the dollar pared losses on Friday after President Donald Trump said U.S.-China trade talks were constructive, easing tensions that pushed stocks on Wall Street toward their biggest weekly loss since December. The major U.S. stock indexes swooned more than 1% before rebounding from session lows, first on encouraging comments from Treasury Secretary Steven Mnuchin and then Trump’s remarks that his relationship with President Xi remained strong. Trump earlier said he was in no hurry to sign a trade d
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