Record highs set by Nasdaq, S&P 500 on upbeat earnings, oil gains

NEW YORK (Reuters) – Global equity markets rallied on Tuesday, with the Nasdaq and S&P 500 indexes setting record closing highs on Wall Street, while European energy shares posted their biggest daily gain since January as crude prices surged. U.S. stocks soared on upbeat results from Twitter Inc, Coca-Cola Co, United Technologies Corp and Lockheed Martin Corp, which eased fears […]

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China stocks end higher, yuan gains on hopes of fresh trade talks

SHANGHAI (Reuters) – China’s yuan strengthened on Thursday and its stock market rallied after an uncertain start, buoyed by an invitation from the Trump administration to Chinese officials to restart trade talks. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File PhotoThe benchmark Shanghai Composite index .SSEC ended 1.1 percent higher at […]

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Rouble under pressure from new U.S. sanctions on Moscow

MOSCOW (Reuters) – The Russian ruble fell toward its lowest levels since 2016 in early trade on Monday as support from month-end tax payments faded, giving way to pressure from new U.S. sanctions against Moscow. FILE PHOTO: A cashier holds new 200 rouble banknotes in a bank in Moscow, Russia November 21, 2017. REUTERS/Maxim Shemetov The ruble shed 0.5 percent […]

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Kremlin plays down ruble drop, says Russian economy and finances…

MOSCOW (Reuters) – Kremlin spokesman Dmitry Peskov on Friday played down a sharp fall in the ruble, saying there was a “certain volatility” in the market but that Russia’s economic and financial systems were entirely stable. FILE PHOTO: Kremlin spokesman Dmitry Peskov attends a meeting of Russian President Vladimir Putin with Qatar’s Emir Sheikh Tamim bin Hamad al-Thani at the […]

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Dollar drops as U.S.-EU agree to reduce tariffs

New York (Reuters) – The U.S. dollar weakened against the euro on Wednesday after the United States and the European Union agreed to deescalate a transatlantic trade conflict, leaders from the two trading partners announced in a joint statement in Washington. FILE PHOTO: U.S. dollar and Euro banknotes are seen in this picture illustration taken May 3, 2018. REUTERS/Dado Ruvic/Illustration […]

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