Tecass18 Jun 2018 21:42
NEW YORK, June 18 (Reuters) - Global stocks were lower on Monday as investors eyed an escalating trade dispute between the United States and China while oil prices rose on bets that an OPEC production increase would be smaller than expected.
A jump in energy shares helped to limit losses in Wall Street's major indexes, which had pared losses by late afternoon and long-dated Treasury yields turned positive.
U.S. President Donald Trump on Friday announced tariffs on $50 billion of Chinese imports, starting on July 6.