US STOCKS SNAPSHOT-Wall St ends up on hopes of easing U.S.-China trade tensions

NEW YORK, Nov 15 (Reuters) – U.S. stocks rose on Thursday after a news report that further U.S. tariffs on Chinese imports would be paused spurred optimism that the two countries could resolve their trade dispute. A spokesperson for U.S. Trade Representative Robert Lighthizer, however, denied the report. Based on the latest available data, the Dow Jones Industrial Average rose […]

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Billionaire investor Ray Dalio: Fed raised rates to a point where they're hurting asset prices

Hedge fund billionaire Ray Dalio argues the Fed has raised rates to a point where they’re hurting asset prices. The Fed needs to start looking at monetary policy’s impact on asset prices before economic conditions, Dalio says. Dalio also laughs off the notion that the Fed needs to raise rates so it would have room to make cuts if the […]

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Asian stocks higher after Wall Street fall, Brexit approval

A visitor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, Nov. 15, 2018. Most Asian stock markets declined Thursday after Wall Street fell for a fifth day and Britain’s Cabinet endorsed a draft agreement to leave the European Union. (AP Photo/Yam G-Jun) Most Asian stock markets gained Thursday after […]

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Markets Right Now: Stocks erase an early gain and head lower

The latest on developments in financial markets (all times local): Continue Reading Below 11:45 a.m. Stocks turned lower in midday trading, erasing a modest early rally and extending the market's losses from a day earlier. Technology stocks and banks were taking some of the heaviest losses Wednesday, outweighing gains in industrial companies and other sectors. Apple fell 1.8 percent and […]

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