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Stocks fluctuate on US-China trade outlook; bonds advance

Bloomberg US equities fluctuated near record highs as investors searched for signs of progress in China’s comments about prospects for a “phase-one” trade deal. Treasuries and most European sovereign bonds rose. The S&P 500 swung between gains and losses, while European and Asian stocks were mixed after China said that Sino-American trade negotiators “reached consensus” on certain issues in a ...

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Indian stocks slip from record on political shakeup

Bloomberg Indian stocks slipped from a record on political uncertainty for prime minister Modi’s Bharatiya Janata Party (BJP) and the completion of a re-balancing of the MSCI ACWI index. The S&P BSE Sensex slipped 0.2% to 40,821.30 at the close in Mumbai and the NSE Nifty 50 Index fell 0.3%. Shares fell after a coalition government led by the BJP ...

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Pound weakens as traders question ‘poll complacency’

Bloomberg The pound slipped as polls showed the ruling Conservative party’s lead narrowing into a December election, with tightening race raising investor fears about an inconclusive result. The UK currency weakened versus all of its Group-of-10 peers as the latest surveys of voting intention showed the opposition Labour party making up some ground following the release of its manifesto. The ...

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