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Global stocks rally on renewed trade talk optimism, yields rise


NEW YORK (Reuters) - Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going “very well” and a news report suggested key differences were being ironed out.

European stocks rallied, with the blue-chip Euro STOXX 50 .STOXX50e, Germany's DAX .GDAXI and French CAC 40 .FCHI gaining more than 1%. The news reversed overnight losses in Asia when investors remained jittery over the prolonged talks.

The dollar slumped against the euro after the Institute for Supply Management (ISM) reported activity in the ...


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