Wall St. pushes higher on trade hopes, dovish Fed bets
Wall Street’s main indexes rallied on Tuesday, with the S&P 500 inching close to record levels, as President Donald Trump’s comments on restarting trade talks with China added to optimism of a more accommodative Federal Reserve.
Oil climbs 3% on hopes U.S.-China trade talks resume, Mideast tension
Oil prices rose more than $1 a barrel on Tuesday after U.S. President Donald Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit later this month.
Rolls-Royce boss laments Brexit distraction at Paris Airshow
Rolls-Royce chief executive Warren East said on Tuesday that uncertainties over Brexit remain an unwelcome distraction for the aerospace industry three years after Britain voted to leave the European Union.
BoE’s Carney says keeping open mind on Facebook’s Libra
Bank of England governor Mark Carney has said he is keeping an ‘open mind’ on the potential utility of Facebook’s planned cryptocurrency, but warned it may face strict regulation if it takes off.
Boost for Boeing as BA owner backs grounded 737 MAX jet
Boeing won a major vote of confidence at the Paris Airshow on Tuesday as British Airways owner IAG signed a letter of intent to buy 200 of its 737 MAX aircraft that have been grounded since March after two deadly crashes.
Trump not taking action against Fed chair Powell: White House adviser
White House economic adviser Larry Kudlow on Tuesday said U.S. President Donald Trump is not considering any changes to Fed Chairman Jerome Powell’s status following a report that the White House had explored the possibility of demoting him.
Trade optimism, dovish Fed bets power Wall Street rally
U.S. stocks rallied on Tuesday, with the S&P 500 inching close to record levels, as President Donald Trump’s comments on restarting trade talks with China added to optimism of a more accommodative Federal Reserve.
Oil soars 4% on hopes U.S.-China trade talks resume, Mideast tension
Oil prices rose about $2 a barrel on Tuesday after U.S. President Donald Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the G20 summit later this month.
Trump says U.S., Chinese teams to restart trade talks ahead of G20
U.S. President Donald Trump said on Tuesday he had spoken to Chinese President Xi Jinping and that the two leaders’ teams would restart trade talks after a long lull in order to prepare for a meeting at the G20 summit later this month.
White House’s Kudlow: U.S. looking for ‘enforceable’ trade deal with China – Fox
The United States wants to continue trade discussions with China that focus on structural changes and enforcement mechanisms when talks continue late this month during the G20 summit in Japan, White House economic adviser Larry Kudlow said on Tuesday.
