Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its...US Marketsread more
The Fed is not likely to make a move on interest rates when it meets next week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
With uncertainty keeping a lid on U.S. stocks, Ed Clissold of Ned Davis Research says the rest of 2019 is likely to be a "choppy," but somewhat opportunistic, ride for...Futures Nowread more
(Updates through close of U.S. trading)
NEW YORK, Feb 12 (Reuters) - Signs that the United States and China might reach an agreement in trade talks and news of a tentative deal to avoid another government shutdown in Washington helped push world stock markets and bond yields broadly higher Tuesday.
Tokyo's Nikkei set the tone with a 2.6 percent rally, its best day of the year, while the Stoxx 600 index of European shares gained nearly 0.5 percent.
On Wall Street, the Dow Jones Industrial Average rose 372.65 points, or 1.49 percent, to 25,425.76, the S&P 500 gained 34.93 points, or 1.29 percent, to 2,744.73 and the Nasdaq Composite added 106.71 points, or 1.46 percent, to 7,414.62.
MSCI's gauge of stocks across the globe gained 1.17 percent.
U.S. and Chinese officials expressed hopes that the new round of talks, which began in Beijing on Monday, would bring them closer to easing their nearly year-long trade war.
Beijing and Washington are trying to hammer out a deal before a March 1 deadline, without which U.S. tariffs on $200 billion worth of Chinese imports are scheduled to increase to 25 percent from 10 percent.
"There will be no winner in a trade war. So at some point they will likely strike a deal," said Mutsumi Kagawa, chief global strategist at Rakuten Securities in Tokyo.
In Washington, U.S. lawmakers reached a tentative deal on border security funding, though aides cautioned that it did not contain the $5.7 billion President Donald Trump wants to build a wall on the Mexican border.
"What investors are taking from this is that the government stays open; whether or not Trump signs on the deal is secondary," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.
The dollar, meanwhile, slipped but remained near a two-month high after notching its longest winning streak - eight days straight - in two years.
The dollar index fell 0.36 percent, with the euro up 0.49 percent to $1.133.
The optimism that another government shutdown in the world's largest economy would be averted and trade tensions between the United States and China were easing helped push bond yields higher as investors traded out of safety plays.
Benchmark 10-year notes last fell 6/32 in price to yield 2.6823 percent, up from 2.661 percent late on Monday.
In commodity markets, oil prices jumped up as traders weighed support from OPEC-led supply restraint and a slowdown in the global economy. U.S. crude rose 2 percent to $53.49 per barrel and Brent gained 2. percent to $62.77. .
(Reporting by David Randall; Editing by Nick Zieminski and Dan Grebler)