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The Breakfast Briefing: Asia & Europe: U.S. Stock & Bond Markets Closed For Presidents' Day
FYI: Global stocks edged up Monday as renewed hopes for a trade deal between the U.S. and China helped boost sentiment.
The Stoxx Europe 600 rose 0.2% in early morning trade, driven higher by banking and mining stocks. Markets rallied across Asia, with Hong Kong’s Hang Seng adding 1.6%.
U.S. markets were closed for the Presidents Day holiday. Dow Jones Industrial Average futures added 0.1%. The Dow last week notched its eighth consecutive weekly gain, the longest winning streak since November 2017.
Trade tensions between the world’s two biggest economies have swayed stocks in recent months as concerns have grown that the tariff spat could add to an already slowing global growth picture. Regards, Ted
