Global stocks tick higher after 'constructive' US-China trade talks conclude and investors pin hopes on early development of a vaccine

AP Photo/Evan Vucci

• Global stocks climbed on Tuesday after the US and China held "constructive" talks about their Phase One trade deal.
• Japan's Nikkei rose 1.4%, while in Europe, the broad Euro Stoxx 50 climbed 0.7% in morning trade.
• "Both sides had a constructive dialogue regarding stepping up macroeconomic policies coordination and the implementation of the phase one trade deal," the Chinese government said in a statement. 
• Markets were also bullish on hopes of a coronavirus vaccine, after Trump said he would be prepared to implement emergency legislation to get a vaccine on shelves in the US this year.
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Global stocks climbed on Tuesday after the US and China held "constructive" talks about their Phase One trade deal, and investors continued to look optimistically on positive developments around the creation and implementation of a coronavirus vaccine.

US and Chinese envoys held positive "Phase One Trade" talks over the phone on Tuesday morning and discussed co-coordinating their countries economic policies.

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