Wall Street’s major averages are muted on Friday following Thursday’s announcement that the U.S. and U.K. unveiled a new trade agreement, sparking renewed investor optimism over the potential for more global economic trade partnerships.

By Sinéad Carew and Yoruk Bahceli NEW YORK/LONDON (Reuters) -World stocks fell slightly on Wednesday while Treasury yields edged down, after news of a forthcoming meeting between top U.S. and Chinese trade officials and ahead of a Federal Reserve monetary policy statement at the end of its two-day meeting.