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Global Markets: Stocks, bond yields lifted by U.S.-China trade hopes


NEW YORK (Reuters) - A gauge of global stocks rose for an eighth straight day and benchmark government bond yields climbed on Friday after signs of progress in U.S.-China trade talks, as well as a solid U.S. retail sales report, allayed recession worries.

Stocks on Wall Street were little changed, as weakness in tech companies Apple (AAPL.O) and Broadcom (AVGO.O) helped erase initial gains fuelled by positive signals on the trade war between the world’s two largest economies. Financials .SPSY were among the best performers, aided by the rise in bond yields.

Still, the benchmark ...


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