holiday quarter: Markets had earlier climbed on hopes that the world's two biggest economies were mending their shaky trade relations, according to Nine News Australia. A steep decline in shares of Apple further weighed on sentiment in the US stock market after the iPhone maker warned that sales during the crucial holiday quarter would likely miss expectations. To improve your experience update it here News World Delay in US-China trade deal hits stocks7 53am Nov 3, that a trade deal between the United States and China may not be imminent have reined in a rally in world equity markets and reversed gains on Wall Street. White House economic adviser Larry Kudlow told CNBC that while US President Donald Trump plans to meet Chinese President Xi Jinping later this month, he has not asked US officials to draw up a proposed trade plan, contradicting a report earlier in the day that had buoyed hopes of a trade dispute resolution. The stock market is focused on tariffs and they believe that increased tariffs are going to hurt the economy, said Mike Rask, director of trading at Hodges Capital in Dallas. That erased early gains in US stocks and curtailed a rally in global markets that had lifted emerging market stocks by their largest daily gain since 2016.
(news.financializer.com). As
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