China, Wall Street
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18hon MSN
U.S. stocks are holding relatively steady following a report that showed inflation unexpectedly slowed across the country last month. The S&P 500 rose 0.1% Tuesday.
Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.
The dollar fell and major U.S. stock indexes were mixed 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 markets.
Boeing shares got a small boost on media reports that China had lifted a ban on airlines there taking deliveries of the U.S. aerospace giant’s planes. According to reports, China removed those obstacles as part of Monday’s trade truce with the U.S. Boeing shares rose close to 2% in premarket trading Tuesday.
Two Wall Street firms raised their year-end targets for the S&P 500 as Trump's latest tariff delay cools recession fears.
U.S. stocks are drifting in mixed trading on Tuesday following a report that showed inflation unexpectedly slowed across the country last month.The S&P<a class="excerpt-read-more" href=" More
The latest US consumer inflation report revealed easing prices in April as euphoria over the US-China trade truce faded.
President Donald Trump wants drugmakers to work with his federal health department to reach an agreement on a most favored nation price for their medicines.