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Global Stocks Trade Cautiously Higher as US-China Trade Talks Resume in Beijing

Martin Baccardax

Global stocks mixed as U.S.-China trade talks resume this week in Beijing and investors eye developments in the final week of the corporate earnings season. China stocks rise on the first day of trading after last week's lunar holidays, with data showing retail earnings rose 8.5% from last year, the slowest pace in a decade that underscored weakness in the consumer economy. Oil prices mixed following last week's Baker Hughes rig count, which showed U.S. drillers added 7 installations last week as production held at a record 11.9 million barrels per day.