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Global markets are mixed with uncertainty of trade



Investors are wary of the uncertainty surrounding the US-China trade war.

USA. Stock futures are down 0.3 percent after the rally to start the week.

Stocks gained momentum early Monday after President Trump said his negotiators received encouraging calls from China on Sunday, although the Chinese Foreign Ministry denied knowing such calls.

Ticker Security Last Change % Chg
I: DJI DOW JONES AVERAGES 25898.83 +269.93 +201
2.93 [19659] %
SP500 S&P 500 2878.38 +31.27 + 1.10%
I: COMP NASDAQ COMPOSITE INDEX 7853.735283 +101.97 [19459] [1945] , 32%

European markets were trading lower on Tuesday after a report from Germany showed GDP contracted in the second quarter.

Germany's GDP fell by 0.1 percent, which lived up to expectations.

London-based FTSE returned to trading after the holiday on Monday and moved 0.5 percent lower.

Asian stocks traded mostly higher on Tuesday after a Wall Street rally.

Japanese reference company Nikkei closed the day at 0.96 percent, Hong Kong's Hang Seng closed the session down 0.1 percent, and China's Shanghai Composite ended 1.4 percent profit, as the report showed that China's companies returned in July.

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Major U.S. indices are on track for losses of 3 percent or more in August, during what has been a volatile month for the market as investors try to gauge whether trade conflicts and slowdowns economies around the world will drag the US into recession.

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Global markets turned up for another wave of sales early Monday, when Asian indexes closed lower as Trump said that his trade negotiators received two "very good calls" from China.

The Associated Press contributed to this article.


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