Nifty, Sensex fall on dimming U.S.-China trade deal hopes; metals top drag
Wednesday, 4 December 2019 () Indian shares tracked broader Asian markets on Wednesday, with metals extending their decline to a second session, as hopes of a quick initial U.S.-China trade deal dimmed following U.S. President Donald Trump's remarks.
A trade deal between China and the U.S. has stalled after the U.S. passed legislation backing protesters in Hong Kong, news website Axios reported on Sunday, citing a source close to Trump's negotiating team. Eve Johnson reports.
China warned on Wednesday that the U.S. House of Representatives bill calling for a tougher U.S. response to Beijing's treatment of its Uighur Muslim minority will impact bilateral..
Oil slipped on Wednesday after an industry report showed a surprise build-up in U.S. crude inventories, but optimism surrounding the signing of the first phase... Reuters Also reported by •OilPrice.com •Reuters India •The Age
European stocks look set to open higher on Thursday amid renewed optimism that the United States and China could be closer to a near-term trade deal. RTTNews Also reported by •Reuters India
![Wall Street rebounds on trade hopes [Video]](https://video.newsserve.net/300/v/20191205/1575539117-Wall-Street-rebounds-on-trade-hopes.jpg)
![China warns U.S. over Uighur bill, raising doubts over early trade deal [Video]](https://video.newsserve.net/300/v/20191204/1575490518-China-warns-over-Uighur-bill-raising.jpg)
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