U.S. stocks strengthen on shutdown deal optimism

U.S. stocks strengthen on shutdown deal optimism

Stocks rose as corporate earnings bolstered confidence in the economy and President Donald Trump said U.S. lawmakers agreed to re-open the government on an interim basis. Treasuries yields rose and the dollar weakened against most of its major peers. The Dow Jones Industrial Average and Nasdaq Composite indexes erased their first weekly declines of the…

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Stocks tumble on growth and trade-tension pessimism

Stocks tumble on growth and trade-tension pessimism

Stocks fell the most in almost three weeks as rising pessimism that trade tensions with China will persist helped send technology and multinational companies tumbling. Treasuries climbed, oil fell and the yen strengthened. Chipmakers plunged more than 3 per cent, with every member of the Philadelphia Semiconductor Index in the red. Caterpillar and DowDuPont led…

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