Trade Deal - Truenewj

Trading day: US-China relief sends global stocks crashing

amefika7 months ago08 mins

By Jamie McGeever ORLANDO, Florida (Reuters) – A burst of optimism and relief over U.S.-China trade talks provided the fuel to lift global stocks to new highs on Monday, while Argentine markets rose after a resounding midterm election victory for President Javier Milei’s ruling party. In my column today I warn that when it comes…

Oil stabilizes as US-China trade deal hopes offset demand concerns

amefika7 months ago02 mins

By Seher Dareen LONDON (Reuters) – Oil prices recovered from early losses on Monday, as optimism over a U.S.-China trade deal offset concerns about weak demand for crude. Brent crude futures were down 14 cents, or almost 0.2%, at $65.70 a barrel by 1227 GMT. US West Texas Intermediate crude oil futures fell 9 cents,…