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Trade War - SERIES 128 {17 articles}

Wall Street opens slightly higher as trade war fears ease

9/14/2018, 1:46:28 PM
U.S. stocks opened slightly higher on Friday, as hopes that the United States an... ✔ (Reuters) - U.S. stocks opened slightly higher on Friday, as hopes that the United States and China would start new trade talks calmed investor worries and technology stocks rose ✔ Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 7, 2018 ✔ Our Standards:The Thomson Reuters Trust Principles


Analysis | The Finance 202: Consumers will face pain if China trade war escalates

9/14/2018, 12:52:09 PM
Talks are currently on again. ✔ CNBC's Hugh Son: Goldman Sachs' incoming Chief Executive Officer David Solomon has another big change in store ✔ Instead they will aim to postpone that fight until after the November midterm elections ✔ BULL SESSION Outer bands of Florence lash into N.C ✔ | Fact Checker Russians charged in Novichok attack say in Britain on holiday:


Sears Rises and Costco Falls as Stocks Look to End the Week Ahead

9/14/2018, 1:20:08 PM
Stocks appeared on track early Friday to end the week with gains, thanks to ongoing optimism that the U.S. and China will lower the temperature of the trade war ✔ Another group that traditionally does well at the end of the year is retail, but the sector has been going strong all year long ✔ Corning (GLW) was up 1.3% to $35.52 after Citigroupupgraded it to Buy ✔ There is no longer any analyst coverage or estimates for the stock


Apple's new phones shine, but Trump could take gloss off its future

9/14/2018, 2:28:29 PM
Amid all the excitement about the tech giant's latest gadgets, CEO Tim Cook could be forgiven for having some concerns about the global economy in the back of his mind. ✔ Loading The company also unveiled a string of new iPhones, featuring the largest display, and highest price, to date ✔ But if last-ditch talks between the US and China over tariffs fail to prevent a trade war, it might be a different story in the future ✔ The writer travelled to California as a guest of Apple


10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, JPM, GS, NIO) | Markets Insider

9/14/2018, 12:26:23 PM
undefined ✔ The investment bank named John Waldron, one of three coheads of the investment-banking division, to president and chief operating officer, effectively making him incoming CEO David Solomon's No. 2, according to memos the firm sent to employees on Thursday


US consumer sentiment jumps to 6-month high in September

9/14/2018, 2:44:12 PM
undefined ✔ That eclipsed estimates of 96.6, according to a Thomson Reuters survey and was the second highest reading since 2004 ✔ The survey of current economic conditions rose to 116.1 ✔ The UMich report also showed that the Trump administration’s ongoing trade war is the biggest concern on the economic front


China's export-dependent provinces scramble for shelter from U.S....

9/14/2018, 12:59:10 PM
China's export-dependent cities and provinces are scrambling to provide rel... ✔ The Trump administration is readying more duties on $200 billion worth of Chinese imports that will include most lighting products ✔ The finance ministry said last week it would raise tax rebates on more than 300 products including LEDs, semiconductors and machinery ✔ Our Standards:The Thomson Reuters Trust Principles


U.S. auto sector output boosts industrial production

9/14/2018, 1:26:32 PM
U.S. industrial production rose in August, as strong output in auto manufacturin... ✔ An SUV moves through the assembly line at the General Motors Assembly Plant in Arlington, Texas June 9, 2015 ✔ The data could raise questions over how well U.S. factories are weathering an escalation of the U.S. trade war with China ✔ Our Standards:The Thomson Reuters Trust Principles


Shares of Alibaba could be a better bet than Amazon, trader says

9/14/2018, 3:56:39 PM
Only one Chinese tech stock could be an even better bet going forward than shares of Amazon, says trader. ✔ The Chinese e-commerce company is expected to report a 46 percent increase for the full year ✔ These oversold and over-shorted stocks are going to see a nice bounce, so it could fuel a pretty surprising rally here, especially if we get any kind of positive news out on the trade war, tariff front, added Maley


Soft yen lifts Nikkei to seven-month high

9/14/2018, 3:20:13 PM
Strong Japanese economic indicators help underpin bullish shift ✔ Stocks are looking cheaper as well, thanks in part to strong corporate earnings, with the forward price-earnings ratio for the Tokyo Stock Exchange's first section falling below 15 to near a year-to-date low ✔ Try 3 months for $9 Offer ends September 30th


Wall Street to open higher on hopes of U.S.-China trade talks

9/14/2018, 1:11:12 PM
U.S. stock index futures pointed to a higher open on Friday as hopes that the Un... ✔ REUTERS/Brendan McDermid Beijing on Thursday welcomed an invitation from Washington for a fresh round of talks ✔ At 8:34 a.m. ET, Dow e-minis were up 31 points, or 0.12 percent ✔ S&P 500 e-minis were up 3.25 points, or 0.11 percent and Nasdaq 100 e-minis were up 21.5 points, or 0.28 percent ✔ Our Standards:The Thomson Reuters Trust Principles


U.S. retail sales post smallest gain in six months

9/14/2018, 12:51:56 PM
U.S. retail sales recorded their smallest gain in six months in August as consum... ✔ The economy is poised for strong growth in the third quarter and this year, but an escalating trade war between the United States and China is casting a shadow on the long-term outlook ✔ (Reporting by Lucia Mutikani; Editing by Andrea Ricci) ((Lucia.Mutikani@thomsonreuters.com; 1 202 898 8315; Reuters Messaging: lucia.mutikani.thomsonreuters.com@reuters.net)) Our Standards:The Thomson Reuters Trust Principles


Trade hopes lift stocks; emerging markets get boost from Turkey...

9/14/2018, 3:05:04 PM
An index of world stock markets climbed to its highest in over a week on Friday ... ✔ Benchmark 10-year Treasury notes hit the psychologically significant 3 percent level for the first time in more than a month as prices on U.S. government bonds fell on economic data that seemed solid enough to support plans by the Federal Reserve to raise rates another two times in 2018


U.S. retail sales barely rise; import prices drop

9/14/2018, 1:19:58 PM
U.S. retail sales recorded their smallest gain in six months in August as consum... ✔ The dollar briefly fell against a basket of currencies on the data, while U.S. Treasury yields rose to session highs ✔ WEAK AUTO SALES The economy is poised for strong growth in the third quarter and this year, but an escalating trade war between the United States and China is casting a shadow on the long-term outlook ✔ Our Standards:The Thomson Reuters Trust Principles


World stocks boosted by trade hopes, tech, and Turkey

9/14/2018, 12:07:10 PM
World stocks hit their highest levels in over a week on Friday as expectations g... ✔ On Friday, Chinese Foreign Minister Wang Yi said the current world trade system was not perfect and Beijing supported reforms to it, including to the World Trade Organisation, to make it fairer and more effective ✔ [GOL/] Graphic: Emerging market currencies battered - reut.rs/2p8rvKO Our Standards:The Thomson Reuters Trust Principles


Tariffs threaten market-leading tech, consumer stocks

9/14/2018, 3:21:51 PM
U.S. technology and consumer discretionary stocks have been insulated from globa... ✔ In anticipation of heightened trade tensions, companies have built up inventory, which could have an adverse effect on supply chains later on, Shalett said ✔ Invesco’s Hooper pointed to washing machines as an example ✔ Our Standards:The Thomson Reuters Trust Principles


Analysis | The Daily 202: New York primary results challenge the crystallizing 2018 narrative

9/14/2018, 12:52:16 PM
Cuomo’s victory is a reminder that the Democratic establishment won more often than not this year. ✔ Cynthia Nixon talks to reporters after voting in New York City ✔ Andrew Cuomo bested actress Cynthia Nixon by an almost two-to-one margin Thursday to win the Democratic primary for a third term ✔ -- Congressional leaders finalized a plan to help avert a government shutdown over Trump’s demands for border wall funding


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