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→  May 29, 2018

(Reuters) – The SP 500 and Dow Jones Industrial Average touched near three-week lows on Tuesday as investors switched cash into perceived safe havens of global financial markets due to a deepening political crisis in Italy. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S. May 22, 2018. […]

→  May 28, 2018

GENEVA (Reuters) – China told the World Trade Organization’s dispute settlement body on Monday that U.S. accusations that Beijing forced companies to hand over technology as a cost of doing business in China were groundless. FILE PHOTO: U.S. President Donald Trump and China’s President Xi Jinping shake hands after making joint statements at the Great […]

→  May 27, 2018

BEIJING (Reuters) – Qualcomm Inc (QCOM.O) is expecting to meet this week in Beijing with China’s antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV (NXPI.O), three sources told Reuters. FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. […]

→  May 26, 2018

(Reuters) – The consumer staples index .SPLRCS, the SP 500’s biggest laggard for 2018, could have further to fall and may even look less appealing as a defensive play in the event the economy turns sour. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. […]

→  May 25, 2018

(Reuters) – The SP 500 index and the Dow Jones Industrial Average were slightly lower on Friday as a steep drop in oil prices pressured energy stocks. FILE PHOTO: Traders work at the Citadel Securities post on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 18, 2016. REUTERS/Brendan […]

→  May 24, 2018

(Reuters) – U.S. stocks dropped on Thursday after President Donald Trump canceled a planned summit with North Korean leader Kim Jong Un, while a slide in oil prices and bank stocks also weighed as investors grappled with fresh U.S. protectionist plans. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) […]

→  May 23, 2018

(Reuters) – U.S. stocks fell on Wednesday after President Donald Trump injected a fresh dose of uncertainty into the outcome of U.S.-China trade talks by suggesting that any possible deal needed “a different structure.” FILE PHOTO: Traders work at the Citadel Securities post on the floor of the New York Stock Exchange (NYSE) in New […]

→  May 22, 2018

(Reuters) – U.S. stocks rose on Tuesday, adding to gains from a day earlier, as the United States and China made progress on reducing trade tensions after agreeing to put their differences on hold. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2018. […]

→  May 21, 2018

(Reuters) – U.S. stocks rallied broadly on Monday after the United States and China put a potential trade war “on hold” to work on a wider agreement, with sentiment also getting a boost from the nearly $28 billion worth of U.S. merger deals. FILE PHOTO: Traders work on the floor of the New York Stock […]

→  May 20, 2018

WASHINGTON (Reuters) – The U.S. trade war with China is “on hold” after the world’s largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday. FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin (R) is seen as he and a U.S. delegation […]