Wall Street Rose On Wednesday On Hopes Of Progress In US-China

Wall Street rose on Wednesday on hopes of progress in US-China trade talks, though stocks pared gains late after Chinese officials said Beijing had lowered expectations for negotiations this week.

Trends on SGX Nifty indicate a negative opening for the broader index in India. Around 0810 hours IST, SGX Nifty was 54 points, or 0.48 percent, down at 11,284.

Global stocks tumbled and the safe-haven yen and Swiss franc gained in early Asian trade on Thursday, on signs Washington and Beijing were still wide apart on trade issues and were making no progress in deputy-level talks.

For more information ✆ +91- 6232578593 or visit www.moneymarketmanthan.com