Global stock markets fell Friday ahead of a Group of Seven summit that promises to be tense as leaders confront U.S. President Donald Trump over tariffs he is imposing. Investors will then also look to policy meetings by the European Central Bank and Federal Reserve next week. GROUP OF SEVEN: Leaders from the Group of Seven wealthy industrialized nations are meeting in Canada, where Trump's new tariffs are expected to be a major focus. RATE WATCH: The Federal Reserve is expected to raise interest rates next. "Then there's that small matter of the European Central Bank and Federal Reserve Board meetings, which could be very crucial for the markets next tack."

Source: ABC News June 08, 2018 07:06 UTC