Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain
Seven-time Grand Slam champion Venus Williams stormed back from deficits in both sets to defeat qualifier Natalia Vikhlyantseva 7-5, 6-4 in the second round of the WTA Miami Open on Friday.
The 37-year-old American improved to 7-3 on the season as she clinched the victory on the second match point when the 21-year-old Russian smacked a forehand wide.
Williams trailed 2-5 in the first set but won five straight games to take the opener. She also rallied in the second set, falling behind 0-3 before winning six of the next seven for the victory.
Williams advances to the third round where she will face 29th seeded Kiki Bertens of the Netherlands, who outlasted American Varvara Lepchenko 5-7, 7-6 (7/5), 6-1.
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