Europe Inc. eyes end to corporate recession in fourth quarter

LONDON (Reuters) – Europe Inc. is likely to have turned the page on nine months of falling profits during the final quarter of 2019, but sky-high share price valuations and lofty earnings expectations for 2020 set a low bar for disappointment. European equities rallied 24% last year as serial political storms, Brexit and the U.S.-China trade spat smothered economic activity […]

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European shares edge higher after U.S.-China trade deal

(For a live blog on European stocks, type LIVE/ in an Eikon news window) Jan 16 (Reuters) – European shares gained ground on Thursday after the United States and China signed an eagerly awaited Phase 1 trade deal, but some questions still remained over certain key issues. The pan-European STOXX 600 index was up 0.1% by 0806 GMT. Global markets […]

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Wall Street dips from record in 'Jason Bourne market'

(Reuters) – U.S. stocks hit intra-day record highs on Tuesday before turning negative following a report that the United States would likely maintain tariffs on Chinese goods until after November’s presidential election. The eventual removal of tariffs by Washington would depend on Beijing’s compliance with the Phase 1 trade accord, which is expected to be signed on Wednesday, Bloomberg reported, […]

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Wall Street hits record, boosted by trade and earnings optimism

(Reuters) – Apple and other tech favorites propelled Wall Street to record highs on Monday, fueled by optimism about the signing of a preliminary U.S.-China trade deal, as well upcoming fourth-quarter earnings reports. Apple Inc (AAPL.O), Facebook Inc (FB.O), Netflix Inc (NFLX.O), Microsoft Corp (MSFT.O) and Amazon.com Inc (AMZN.O), which have powered the longest bull run in U.S. equities, were […]

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U.S. Stocks Regain Ground But Remain Mostly Negative

After gapping open sharply lower, stocks have climbed off their worst levels but remain firmly in negative territory in mid-day trading on Friday. The major averages are pulling back off yesterday’s record closing highs. In recent trading, the major averages have reached new recovery highs but remain in the red. The Dow is down 159.33 points or 0.6 percent at […]

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