Friday, 23 August, 2019

Stocks Rally, Gold Breaks as Reports Say China Offered US Import Boost

Dow Jones Industrial Average, S&P 500, and Nasdaq futures all traded down ahead of Thursday’s open Dow Jones Industrial Average, S&P 500, and Nasdaq futures all traded down ahead of Thursday’s open
Rhonda Young | 20 January, 2019, 15:02

Although the deadline on the 90-day truce is closing in, financial experts say progress is happening at the right speed. Hong Kong's Hang Seng gained 1.2 percent and the Nikkei 225 in Japan rose 1.3 percent.

China is offering to increase its imports over the next six years, CNBC reported Friday, following a report by The Wall Street Journal Thursday that said that United States officials were considering the lifting of some tariffs to induce China to make concessions to the USA on cyber-security and intellectual property rights.

Industrial stocks .SPLRCI rose 1.9 percent, the second-most among the S&P 500's major sectors, while the Philadelphia SE semiconductor index .SOX climbed 2.3 percent.

U.S. stocks rallied on the report but pared some of the gains after the Treasury denied Mnuchin had made any such recommendation.

Regular reviews would be one potential solution to address a demand from U.S. Trade Representative Robert Lighthizer for ongoing verification of any trade pact between the two countries, three sources familiar with the talks told Reuters.

PUBG mobile on the verge of season 5
Apart from that, the looting in Vikendi has been tuned, so maybe we can pick up more snipers and assault rifles in the game, now. There's a small update to the game to move you along and we've noticed that some of the loading screens are changing.

All the 11 primary S&P 500 sectors advanced, as energy and industrials led others higher.

China's exports rose 9.9 percent in 2018, its strongest trade performance in seven years, despite growing disruptions from an escalating trade war with the United States, customs data showed on Monday.

The Nasdaq Composite Index rose 72.76 points, or 1.03 per cent, to 7,157.23. The index has gained 1.3 per cent this week.

Mr Trump agreed with Chinese President Xi Jinping over dinner in Buenos Aires, Argentina, last Dec 1 to delay a scheduled tariff increase and launch renewed talks aimed at a comprehensive trade deal.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.75 percent.

Phil Mickelson cards career-best 12-under 60 at Desert Classic
Australian Curtis Luck sits in sole possession of second place following a six-under-par 66 on day two of the PGA Tour tournament. I haven't really had the intense practice sessions I would like. "I just have to keep that going the next couple of days".

Chinese Vice Premier Liu He (劉鶴) is to visit the United States on January 30 and January 31 for talks aimed at resolving the trade standoff between the world's two largest economies.

The Trump administration is considering eliminating tariffs on billions of dollars of Chinese imports to spur progress towards a trade deal, less than two weeks before a high-level delegation from Beijing is scheduled to arrive in Washington for talks. It's risen at least 1.9 percent every week during that rally.

The pound slipped against the euro, partially trimming overnight gains, as traders wagered on a second referendum vote on Britain's European Union membership.

U.S. crude oil futures extended Thursday's gains, adding 0.8 per cent to $52.49 per barrel. It was on track for a weekly loss of 0.7 percent.

Benchmark 10-year notes last fell 12/32 in price to yield 2.7878 percent, compared with 2.747 percent late on Thursday. USA crude was last up $1.75, or up 3.36%, at $53.82 per barrel.

Lowry recovers from early wobble to retain Abu Dhabi lead
The Abingdon golfer, who started on six under, got off to a nightmare start with a double-bogey at the opening hole. To be honest, right from the start, I really feel like I played pretty well today.

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