Global stock markets extended gains on Thursday (Sep. 5) as renewed U.S.-China trade optimism, and upbeat U.S. economic data stoked risk appetite and lured investors away from safe-haven assets. The announcement that top negotiators from the United States and China will meet in early October in Washington raised hopes of a possible resolution to the two countries’ brutal trade war that has shaken markets and wreaked havoc on the global economy, Reuters reported.
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