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Continue reading >>U.S. markets were weak throughout Thursday’s action following comments from NEC Director Larry Kudlow who warned that there is a pretty sizable distance to go on China trade negotiations. There was also chatter that Presidents Trump and Xi are highly unlikely to meet before the March trade/tariff deadline, which added to the nervousness. The major indexes were able to hold near-term support...
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Continue reading >>U.S. markets were choppy throughout Wednesday’s action following President Trump’s State of the Union Address delivered Tuesday night. A heavy dose of mixed earnings weighed on sentiment while a positive spin on China trade talks by Treasury Secretary Steven Mnuchin helped limit losses. Mnuchin confirmed reports that he, USTR's Lighthizer and others will head to Beijing next week to continue...
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