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NEW YORK, United States (AFP) — Wall Street stocks resumed their downward slide Thursday, while the pound dropped further amid a fight between Britain and the European Union on Brexit legislation. After an early advance that built on Wednesday’s winning session, US stocks stumbled, finishing solidly lower. The pullback came as a trimmed-down US relief package failed to pass the Republican-led Senate. The $500 billion package marked a dramatic reduction from the $3 trillion bill […]
NEW YORK, United States (AFP) — Wall Street stocks paused Tuesday in record range on rising hopes over US-China trade talks as US services sector data topped expectations. The Dow mustered a narrow record for a second day in a row, while the S&P 500 fell slightly and the Nasdaq was flat. Hopes that the United States and China will soon seal “phase one” of a trade agreement got another push Tuesday following a Wall […]
NEW YORK, United States (AFP) — Wall Street stocks finished modestly higher Wednesday as a rally in petroleum-linked shares offset the hit from weak Chinese economic data. After a choppy session that began with deep losses, the Dow Jones Industrial Average finished the session with a 0.1 percent gain at 23,346.24. The broad-based S&P 500 also edged up 0.1 percent to 2,510.03, while the tech-rich Nasdaq Composite Index rose 0.5 percent to 6,665.94. Markets began […]
NEW YORK, United States (AFP) — Wall Street stocks pushed to fresh highs for the fifth day in a row Wednesday, giving a boost to most international equity markets on continued optimism about US economic prospects. US stocks have been on a tear since last week when President Donald Trump vowed to release details of his promised tax cut plan within two to three weeks. On Wednesday, Trump reiterated that he would soon release specifics […]
