WORLD stock markets edged up for a sixth straight session on Wednesday after upbeat trade data from
The Dow and S&P 500 closed down slightly, however, snapping four days of gains after
The Chinese trade data showed solid demand, with exports up in January, easing fears that the world''s second-largest economy is mired in a slowdown and reviving investors' ' appetite for emerging market assets that had been battered in recent weeks.
The Dow fell 30.83 points, or 0.19 per cent, to 15,963.94; the S&P 500 lost 0.49 points, or 0.03 per cent, to 1,819.26; and the Nasdaq added 10.243 points, or 0.24 per cent, to 4,201.288.
The move in stocks followed a rally on Tuesday after the
Most Popular Stories
- Koch Brothers Step up Anti-Obamacare Campaign
- FDIC Sues Big Banks Over Rate Manipulation
- Vybz Kartel Convicted of Murder
- SoCalGas Reaches Record Spend on Diversity Suppliers
- Ulta Shares Look Good on Strong Q4
- Jittery Investors Dumping Russian Stocks
- Is Malaysian Airlines Flight 370 in Andaman Sea?
- FDIC Accuses Big Banks of Fraud, Conspiracy
- Stocks Close Lower Ahead of Crimea Vote
- U.S. Consumer Sentiment Falls in Early March