U S China strike trade deal signals shift in tensions
The Phase 1 agreement eases trade frictions between the United States and China, expanding export opportunities for American farmers and factories while pledging to curb American trade secret leaks. It leaves major disagreements unresolved, including Beijing’s state led economic model and subsidies.
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Dow and S&P hit records as Trump signs Phase 1 trade deal
The Dow tops 29000 and the S&P 500 reaches a fresh high amid a narrow trading day. Health care utilities and consumer stocks lead gains while bond yields slip. GM plans a new 158 acre battery plant near Lordstown Ohio, creating about 1100 jobs with LG Chem, as site permits advance.
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