Saturday 25 January 2020
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wn.com - 11 days ago

Stocks climb ahead of China trade deal, sending S P 500 to record

Technology companies led stocks to broad gains on Wall Street on Monday, driving the S P 500 and Nasdaq composite indexes to more record highs. LAST WEEK: US stocks briefly go above 29,000 following jobs report The rally, which added to the market s gains from last week, came as the Trump administration removed China s designation as a currency manipulator and investors looked ahead to the signing of an initial trade deal with China and the potential for future talks. What it means Across markets, worries about a recession have faded since last year as central banks cut interest rates and pumped stimulus into the global economy. In addition, the promise of a...


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