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U.S. markets snapped out of a 4-session funk while closing mostly higher on chatter of a trade truce with China and slightly better-than-expected economic news. China’s President Xi is expected to present President Trump with terms willing to settle the contentious trade fight between the two nations.The news was shot down after White House adviser Larry Kudlow said that no preconditions were...
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U.S. markets snapped out of a 4-session funk while closing mostly higher on chatter of a trade truce with China and slightly better-than-expected economic news. China’s President Xi is expected to present President Trump with terms willing to settle the contentious trade fight between the two nations.The news was shot down after White House adviser Larry Kudlow said that no preconditions were...
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The initial-public-offering market just saw its best quarter in five years by one key metric, as high-profile tech giants like Uber Technologies Inc. and Pinterest Inc. made their stock-market debuts.Altogether, second-quarter offerings brought in $25 billion, good for a five-year high, according to Renaissance Capital. The 62 deals featured during the period marked the highest count in four...
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