Stock markets mostly fall as hopes of US-China trade deal dampen

It follows a rally in markets the previous day as Trump signalled that tariffs on China could be substantially lowered and that United States would have a "fair deal" on trade with Beijing. But China on Thursday said any claims of ongoing trade talks with Washington were "groundless". Treasury Secretary Scott Bessent also tempered optimism saying that the two countries are "not yet" talking when it comes to lowering tariffs. "The investing world is back to hanging onto every word out of the White House...