Global stocks, dollar retreat after U.S.-North Korea summit

LONDON (Reuters) – World stocks slipped on Tuesday and the dollar retreated from a three-week high after a U.S.-North Korea summit aimed at the denuclearization of the Korean peninsula.

U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work toward complete denuclearization of the Korean peninsula, while Washington committed to providing security guarantees for its old enemy.

The MSCI All-Country World index .MIWD00000PUS, which tracks shares in 47 countries, fell nearly 0.1 percent on the day. The dollar .DXY slipped into negative territory in morning trade in…

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