Global stocks mostly climb as trade fears ease
Specialist Dilip Patel works at his post on the floor of the New York Stock Exchange, Tuesday, Feb. 4, 2025. (AP Photo/Richard Drew)
New York, United States — Global stocks mostly rose Thursday on easing trade tensions, with London and Frankfurt hitting record highs ahead of key US employment data.
While the Dow edged lower, both the S&P 500 and Nasdaq advanced, a sign of underlying enthusiasm for equities.
Article continues after this advertisement
“The inability to fall is a very bullish event,” said Adam Sarhan of 50 Park Investments.
READ: Trump’s tariff tactics carry higher risks than during his first term
The British pound slumped as the Bank of England lowered its UK economic growth forecast by half…