Dollar Rises while Global Stock Index Falls; Inflation and Tariffs in Focus

GLOBAL MARKET - LONDON. The U.S. dollar index rose on Thursday while MSCI's global equities gauge fell as stronger-than-expected megacap earnings reports were balanced against signs of rising inflation and investor anxiousness ahead of President Donald Trump's deadline for trade agreements. 

Trump gave Mexico a 90-day reprieve from higher tariffs to negotiate a broader trade deal but was expected to issue higher final duty rates for most other countries as the clock wound down on the Friday deadline.