• Trade Truce: Market Appears To Get A Big Lift As Tariff Fears Retreat After G20

    5 monthes ago - By Forbes

    Stocks had a huge overnight rally after the trade agreement struck between President Trump and President Xi, but the question is how long it might last. Investors could be impatient waiting for more details.
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  • Chipmakers are rallying after Trump and Xi reach tentative truce on trade war

    Chipmakers are rallying after Trump and Xi reach tentative truce on trade war

    5 monthes ago - By Business Insider

    Chipmakers rallied Monday after the US and China reached a 90-day trade truce over the weekend.
    Trump agreed to postpone new tariffs on Chinese imports and Xi said China would purchase "a not yet agreed upon, but very substantial" amount of US goods and label Fentanyl a controlled substance.
    If an agreement isn't reached by 90 days, the current 10% tariffs on $200 billion Chinese imports will jump to 25%, the White House said.
    The meeting offered hope for a resolution of trade disputes, especially for the semiconductor industry that relies heavily on the manufacturing steps in multiple...
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  • US-China trade truce gives global stocks and oil a big lift

    5 monthes ago - By Chron

    LONDON - Shares around the world and oil prices surged Monday after the U.S. and China struck a 90-day truce in a trade dispute that has rattled investors for months.
    KEEPING SCORE: In Europe, Germany's DAX climbed 2.4 percent to 11,511 and France's CAC 40 was up 1.1 percent at 5,057. Britain's FTSE 100 advanced 1.8 percent to 7,104. Wall Street was poised for a buoyant day too, with Dow futures and the broader S&P 500 futures up 1.5 percent.
    G-20 SUMMIT: President Donald Trump and his Chinese counterpart Xi Jinping dined together at the G-20 summit over the weekend and called a...
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