shares: World stocks were flat, not far off six-month highs, but sentiment remains in check with US benchmark bond yields close to seven-year peaks, and as investors weigh how much more policy tightening is in store from the US Federal Reserve, according to Nine News Australia. European shares trod water, failing to extend gains seen in Asia where Shanghai-listed shares closed almost one per cent higher at eight-week highs. To improve your experience update it here News World China leads world stocks,trade war hurdles10 20pm Sep 26, 2018Facebook Tweet MailA Chinese equity bounce has set a modestly positive tone for world stocks as bets that Beijing would expand stimulus to support its economy helped offset some of the worries about global trade tensions and US80 A110 -a-barrel oil. However, Wall Street looked set for a firmer session, with futures for all three New York indices up around 0.2 per cent. Beijing is not expected to follow the US Federal Reserve in raising interest rates this week. Chinese shares rose after global index provider MSCI said it could quadruple China's weighting in global benchmarks, lending fresh impetus to a market already buoyed by expectations of state stimulus to offset the impact of US tariffs.
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