Wall Street's main indexes rebounded on Wednesday, after robust economic da...
New York - Wall Street’s main indexes rebounded on Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers’ approval of a law to delay Brexit provided relief to investors worried about global growth.
Lawmakers in Britain’s lower house of Parliament voted late in the day to approve legislation designed to prevent Prime Minister Boris Johnson’s government from taking the country out of the European Union without a deal. Also, Hong Kong leader Carrie Lam withdrew an extradition bill that had triggered months of often violent protests in the Chinese-ruled city.
Investors fled equities on Tuesday after data showing a contraction in U.S. factory activity in August and after a new round of tariffs from Washington and Beijing went into effect over the weekend.
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