Producers of metals and other raw materials rose slightly as the dollar slipped against rivals due to Trade-War fears.
Chinese officials said the nation remained confident in its outlook for economic growth of 5% or more, despite the Trade War with the U.S.
"If the current levels of tariffs remain for goods from China, it will cause a prolonged plunge in volume on China-U. S. routes," said analysts at credit-ratings agency S&P Global Ratings.
Million of Chinese jobs could be affected if blanket tariffs of 145% effectively block access to the U.S. market, analysts at brokerage Goldman Sachs Group, in a note to clients.
Shares of Mexican building-materials company Cemex rose after it said an asset sale buoyed first-quarter earnings, even as revenue declined.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
April 28, 2025 17:00 ET (21:00 GMT)
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