Key News Overnight: U.S. stocks fell as China trade tensions simmered. U.S. Treasuries rose, with 10-year yields remaining down after the release of the Fed minutes. British Conservatives politicians decided not to change leadership rules that would make it easier to oust the PM Theresa May, but she remains under pressure to ditch her BrexitRead more
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Key News Overnight: U.S. stocks rebounded on Tuesday as the trade-war driven back-and-forth that has dominated markets this month showed few signs of lessening. The embattled British prime minister Theresa May promised to give members of Parliament a vote on whether to call another referendum to ratify Britain’s divorce from the EU before she isRead more
Key News Overnight: China could retaliate against the U.S. after President Donald Trump blacklisted Huawei Technologies Co., the Chinese ambassador to the EU said. Trump upped the ante in his trade dispute with China last week, announcing moves to curb Huawei’s business that are starting to have ramifications for other companies around the world. USRead more
Key News Overnight: Australia’s Liberal party clung to power in a surprise victory, with voters backing its stewardship of a slowing economy for another three years and rejecting the opposition’s wealth distribution agenda. US President Trump warned Iran not to threaten the U.S. or face devastating consequences as tensions mount between Washington and Tehran. “IfRead more
Key News Overnight: The S&P 500 capped a third day of gains, but faded into the close to finish just above its average price over the last 50 sessions. Theresa May is confronting the end of her premiership after her own party forced her to agree to set a timeline to quit as U.K. primeRead more
Key News Overnight: U.S. stocks gained for the second day on signs the Trump administration is working toward easing tensions with trade partners. The S&P 500’s two-day gain was the biggest in more than a month after Bloomberg reported President Donald Trump would postpone by up to six months a decision on car tariffs thatRead more
Key News Overnight: U.S. stocks rebounded from the worst drop in four months amid Trump’s effort to assuage trade concerns. Gains faded a bit late, leaving the S&P 500 down around 4% since tensions escalated May 5. Trump denied a NYT story that his administration is planning to send as many as 120,000 troops toRead more
Key News Overnight: U.S. stocks and commodities tumbled after China retaliated with higher tariffs on a range of American goods. Treasuries jumped with the Japanese yen on demand for haven assets. The S&P 500 dropped the most in four months, the Dow Jones slumped more than 600 points and the S & P 500 sawRead more
Key News Overnight: President Donald Trump weighed in on the state of trade negotiations with China, saying the U.S. was “right where we want to be” and on the cusp of taking in massive tariffs from China – at odds with his economic adviser, who conceded on Sunday that U.S. companies and consumers would payRead more
Key News Overnight: The U.S. and China began a pivotal round of trade negotiations with hours to go before the Trump administration notches up tariffs, deepening a conflict that has shaken financial markets and cast a shadow over the global economy. U.S. stocks capped a fourth day of losses, though finished off the lows ofRead more