Stock Markets Fluctuate As China-US Trade Euphoria Fades
Major stock markets diverged and the dollar slid Wednesday as euphoria over easing US-China trade tensions petered out.
While April's volatility across equity indices appears to have halted, analysts warned that Washington still needed to reach tariff deals with countries to instill a sense of stability.
In Europe, Paris and Frankfurt stock markets fell and London flattened in early afternoon trade. Chinese indices closed with sizeable gains on rallies for tech stocks.
"The rally for European stocks has stalled, although the index is still eking out a decent weekly gain," said Kathleen Brooks, research director at traders XTB.
"The key theme for global stocks this week is the resurgence of big tech, which is why the FTSE 100 is out of favour, it is too risk averse for this environment," she added.
US President Donald Trump, on a........
© International Business Times
