World Stocks Near Six-Week High on Renewed Trade Deal Hopes

May 10, 2025

World stocks are inching towards their highest levels in six weeks on Friday, buoyed by a U.S. trade agreement with Britain that has sparked some optimism for advancements in tariff negotiations with other countries. India has put forward an offer to decrease its tariff gap with the U.S. to under 4% from the current nearly 13%. This development comes amidst a backdrop of global uncertainties and trade tensions. The market sentiment has been cautiously positive, with hopes of potential breakthroughs on the trade front keeping investors attentive.

Tags: Global stocks, Trade deal, Tariff talks, Us, India, Tariffs, Stock market,