NEW YORK (Reuters) – Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S.-Sino talks delay a U.S. tariff deadline this coming Sunday, while gold rose as investors hedged against a possible escalation in the trade war.
FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 18, 2019. REUTERS/Brendan McDermid
Crude oil prices fell and the dollar slipped against the safe-haven Swiss franc after data showed Chinese exports in November shrank for the fourth straight month, renewing concerns about damage to global demand caused by the 17-month trade fight.
A Dec. 15 deadline that is set to usher in $156 billion in fresh U.S. tariffs on Chinese