Positive news from all over the world driving investors to look for abandonment stocks

China’s Ministry of Commerce said Thursday that U.S. and Chinese trade negotiators held a phone call in the morning and agreed to meet in early October for another round of negotiations. In a statement to CNBC, a U.S. Trade Representative spokesperson confirmed the phone call, but did not confirm the October meeting.

The rally came after Hong Kong Chief Executive Carrie Lam fully withdrew the controversial extradition bill which caused months of violent protests in the city.

British Prime Minister Boris Johnson on Wednesday night failed in his bid to call a snap general election for October 15. A bill introduced by opposition parties to block Johnson from taking the U.K. out of the European Union without a deal on October 31 was also passed and will not ascend to the House of Lords, the upper chamber of parliament.

Italy also saw an end to its recent political turbulence after Prime Minister Giuseppe Conte unveiled his new cabinet on Wednesday, uniting an unlikely coalition between the anti-establishment Five Star Movement (M5S) and the center-left Democratic Party (PD).

Source: CNBC

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