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European stocks opened higher on Thursday as investors digested latest news out of Brexit and keep an eye on U.S.-China trade talks.
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 European shares marched higher on
Thursday as oil prices stabilised and mining stocks rallied on
hopes that China and the United States may reach a rapprochement
to end their long-running trade spat, offsetting bad news in the
tech sector.
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 Asian stocks rose on Thursday, taking heart from a bounce in Chinese shares on news that China has delivered a written response to U.S. trade demands, while oil prices resumed their retreat on fears of oversupply.
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* Pound, euro firm after PM May gains cabinet backing for
Brexit
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The Dow Jones Industrial Average on Wednesday finished solidly lower in a day of whipsawing action for all major indexes, buffeted by a decline in shares of financial firms, a tumble in Apple and developments tied to Britain's exit from the European Union. The Dow Jones Industrial Average closed down 205 points, or 0.8%, at 25,080, the S&P 500 index ended down 0.8% at 2,702, while the Nasdaq Composite Index closed off 0.9% at 7,136. Prime Minister Theresa May secured cabinet approval for her Brexit deal Wednesday evening, which has been a source of underlying concern for Wall Street because a disruptive exit from the EU could have negative implications for financial markets across the globe. May still has work to do to get her Brexit plan passed through Parliament. Meanwhile, a decline in shares of Apple Inc. also was in focus as the largest company by market value fell 2.8% and flirted with a descent into bear-market territory, defined as a drop of at least 20% from a recent peak. Earlier in the day, financial names dropped as Democrat Rep. Maxine Waters said she would fight back against any rollback in bank regulations. Her remarks come after the Democrats won control of the House in the midterm elections. A gauge of financial firms, the Financial Select Sector SPDR ETF, ended the session down 1.2%. Worries about trade tensions between China and the U.S. continue to run against that backdrop of concerns. In all, Wednesday's session was notable for its violent moves, with the Dow gaining as many as 214 points at the open and falling by as many as 350 points at the low. Meanwhile, crude-oil prices stabilized, halting a 12-session skid, with the downdraft in the commodity serving as a source of concern for market participants worried about signs of sluggish global growth.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Signs of a global slowdown are mounting, indicating a deceleration in China and trade tensions are beginning to take a toll on much of the rest of the world.
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