Global stocks get only modest lift from solid Chinese data (只備英文版)
Better-than-expected economic data out of China as well as a much smaller-than-expected trade deficit for the U.S. failed to ignite a spark in the stock market. The Dow and Nasdaq posted fractional losses with the S&P 500 slipping a tangible 0.2 percent.
US Shares Rise Despite Weak Economic Data; Shares Jump in Europe and China (只備英文版)
After flat showings on Monday, U.S. stocks posted modest gains on Tuesday including both the Dow and the Nasdaq, each up 0.3 percent. Boeing shares were lifted by passing grades from the U.S. Federal Aviation Administration for software updates on the 737 Max. Investment firm BlackRock, which manages over $6 trillion in assets, jumped on earnings while Bank of America eased on concerns, which are wide in the banking sector given the low rate environment, over the outlook for net interest income.