Hot data keeps global markets on solid track after US-China deal – Gulf Today

Hot data keeps global markets on solid track after US-China deal – Gulf Today

Hot data keeps global markets on solid track after US-China deal. World stocks held near record highs on Thursday as some encouraging US data ensured there was no post US-China trade deal hangover for global markets.. Wall Street's reaction had been record highs all round too and the Dow Jones Industrial had also closed above the 29,000 point mark for the first time which cheered New York's cap makers.. Bond yields idled as a boost from the trade deal failed to offset pressure from low US producer price inflation data, which highlighted persistently low inflationary pressure..