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Reuters BusinessJun 26, 2019
Wall Street gains on tech rally, trade hopes rekindled
Technology shares led the S&P 500 and the Nasdaq higher on Wednesday after remarks by Treasury Secretary Steven Mnuchin rekindled hopes for a de-escalation of U.S.-China trade tensions and brought buyers back from the sidelines.

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US STOCKS-Wall St gains on tech rally, trade hopes rekindled (Reuters Company News)
Tech boost, trade optimism lead Wall Street higher (Reuters Business)

NYTimes BusinessJun 26, 2019
U.S. Versus China: A New Era of Great Power Competition, but Without Boundaries
Under President Trump, national security concerns over China's rise have bled into trade and economic policy, and some officials see a long ideological struggle unfolding.

Reuters Company NewsJun 26, 2019
US STOCKS-Tech boost, trade optimism lead Wall Street higher
Wall Street rose on Wednesday, as technology shares gained on the back of Micron's upbeat results, while comments from Treasury Secretary Steven Mnuchin fueled hopes that the United States and China were making progress in their trade talks.

MarketWatchJun 26, 2019
Trump Today: Trump says this is his ‘Plan B' if China-U.S. trade talks collapse
President Donald Trump says the alternative to a trade pact with China is simple: collect tariffs and do less business with the second-largest economy.

Reuters BusinessJun 26, 2019
U.S. Treasury Secretary says U.S., China were close to trade deal: CNBC
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the United States and China were close to a trade deal, CNBC reported.

RELATED ARTICLES
Wall Street rises as hopes remain for US/China trade deal (FT.com - Financial Markets)

Reuters BusinessJun 26, 2019
S&P 500 dips as healthcare declines counter tech gains
The S&P 500 ended slightly lower on Wednesday as gains in technology stocks were offset by a drop in healthcare shares, and investors parsed mixed messages regarding the state of ongoing U.S.-China trade talks.

MarketWatch MarketPulseJun 26, 2019
Chip stocks in broad rally after Micron beats on earnings, resumes some shipments to Huawei
Semiconductor maker stocks were broadly higher in premarket trading Wednesday, fueled by Micron Technology Inc.'s better-than-expected earnings and upbeat outlook, and after memory chip maker said it resumed some shipments to China's Huawei Technologies Co. The VanEck Vectors Semiconductor ETF rallied 2.4%, as all 22 of the 25 components that have traded ahead of the open gained ground. Micron's stock shot up 8.9% to pace the gainers. Among other more-active stocks, Advanced Micro Devices Inc. rallied 3.4%, Nvidia Corp. rose 2.3%, Intel Corp. advanced 1.6%, STMicroelectronics N.V. hiked up 4.8% and Qualcomm Inc. tacked on 1.3%. Micron's stock had lost 19% over the past three months through Tuesday, while the chip ETF has lost 0.8% and the S&P 500 has gained 3.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
Micron resumes some chip shipments to Huawei, boosting stock (Reuters Business)

Google Business NewsJun 26, 2019
Buy Western Digital Stock Because of Micron's Better-Than-Expected Earnings - Barron's
Buy Western Digital Stock Because of Micron's Better-Than-Expected Earnings  Barron'sThese semiconductor stocks are rising the most as Micron CEO is upbeat about Huawei and China  MarketWatchMicron has found a way around the US ban on Huawei  CNNHuawei Blacklist Loopholes Were Made in the U.S.A.  BloombergMicron Surges After Q3 Earnings Surprise, Second Half Memory Demand Forecast  TheStreet.comView full coverage on Google News

FT.com - China, Economy & TradeJun 26, 2019
Hong Kong protesters petition G20 nations for help
Demonstrators want Donald Trump and other leaders to discuss the mass protests with China

FT.com - Financial MarketsJun 26, 2019
China defies US sanctions by tapping Iran oil supplies
Crude imports offer financial lifeline to Tehran in spite of Washington ban
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