China expressed cautious optimism Saturday about a first-step trade agreement that dials down a trade war it blames the U.S. for starting. Chinese experts and news media joined government officials in saying the deal would reduce uncertainty for companies, at least in the short term. They remained cautious,...
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Asian markets fell in early trading Wednesday after President Donald Trump said a trade deal with China may not come until after the 2020 presidential election. “In some ways, I think it’s better to wait until after the election if you want to know the truth. But I’m...
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Imagine there’s no trade deal and that the U.S.-China battle is left to rumble on through most of next year instead. That scenario is one that stock-market participants must now debate as equities tumbled Tuesday after President Donald Trump indicated he’s in no hurry to complete any accord...
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President Donald Trump on Monday tweeted that he was bringing back tariffs on Brazilian and Argentina steel as a key deadline for imposing more levies on China approaches. “Brazil and Argentina have been presiding over a massive devaluation of their currencies. which is not good for our farmers....
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Gold futures rebounded modestly on Tuesday, as investors kept a close eye on consumer confidence and on U.S.-China trade talks. Gold for December delivery GCZ19, -0.08% on Comex gained $3.40, or 0.2%, to settle at $1,460.30 an ounce, after opening largely flat, while December silver SIZ19, -0.21% edged 15...
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Asian shares were mixed Tuesday as investor sentiment remained cautious amid worries about the next development in trade talks between the United States and China. Japan’s benchmark Nikkei 225 NIK, -0.53% lost 0.2% in morning trading. Australia’s S&P/ASX 200 XJO, +0.70% edged up 0.3% while South...
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Oil futures were on track for consecutive losses on Tuesday amid reports that major oil exporter Russia wasn’t likely to advocate for deeper cuts during an important December meeting of influential global oil producers. According to Reuters on Tuesday, citing people familiar, Russia would likely commit to extend...
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U.S. stocks closed at fresh record highs on Friday on revived hopes for a U.S. – China trade deal despite mixed economic data. The Dow hit 28,000 for the first time after posting a fourth straight week of gains, while the S&P500 index rallied for a sixth week,...
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The U.S. stock market will fight strong headwinds in the months leading to Election Day in November 2020. But the fear that’s transfixing investors on both sides will turn to relief for supporters of the winning party once the outcome is known. At that point the headwind will quickly...
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