US strikes trade deal with China
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Trade deals are driving the recovery for U.S. stocks with the S&P 500 erasing all of its losses post Liberation Day. President Trump continues his Middle East trip striking partnerships and investments,
US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
Cat, Deere, and Toro are three of the premier global names in the manufacture of heavy duty equipment used in construction, mining, agriculture, and lawn care. They were seen as vulnerable to tariffs in two ways: They both rely on raw materials that are often imported and look to markets like China as a valuable source of sales.
Investors eye more trade deals, updates from President Trump’s trip to the Middle East and fresh consumer inflation data after U.S. stocks soared Monday as investors celebrated major progress on U.S.-China trade talks.
Shares of the "Big Three" automakers advanced Monday on news the U.S. and China had agreed to a trade deal that would slash tariffs imposed by each side for 90 days. Carmakers were considered especially susceptible to the tariffs because of their use of Chinese parts in manufacturing.
The new US-China trade truce has eased some of the pressure on global markets, but its impact on companies like Boeing highlights how disruptive the
MSCI's global equities index barely rose on Friday and the dollar lost ground as a U.S. trade deal with Britain fueled guarded optimism for U.S. tariff negotiations with China and other countries.
SYDNEY (Reuters) -Wall Street stock futures climbed and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks boosted hopes a global recession might be avoided,