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US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
The dollar fell and U.S. stock futures rose on Tuesday after data showed U.S. consumer inflation picked up less than expected in April, when President Donald Trump unveiled a raft of tariffs that have wreaked havoc on global supply chains and markets.
Trump makes a momentous political comeback, breaking through the "blue wall" to win 312 electoral votes. Trump becomes only the second US president in history to be elected to non-consecutive terms, following Grover Cleveland (the 22nd and 24th US president).
US stock futures surged even higher on Monday after the US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place. Stocks were already making gains ...
U.S. stock futures point to a lower open as investors await a key inflation report, due before the market opens.
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Asia stock markets traded higher on Monday following substantial progress in U.S.-China trade talks on Sunday. Traders awaited further details from the negotiations, which were expected to be announced on Monday.
Investors head into a busy week for economic data watching if leadership in the U.S. stock market could be moving away from defensive equity areas that indicates greater appetite for risk.
Stock Market LIVE Updates: GIFT Nifty shows positive start for India; Asia up on US-China trade talk
Markets are poised for a strong start following the understanding between India and Pakistan, while trade talks between the US and China add to the momentum