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 Analysts wonder if China will ban sales or production of Apple devices in retaliation for U.S. stance on local giant Huawei. Earnings could fall 29%.
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 U.S. stocks dipped on Wednesday, as reports that Washington could impose restrictions on another Chinese technology company fanned trade tensions, while investors awaited the release of minutes from the Federal Reserve's latest policy meeting.
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 Saudi Aramco signed a
20-year agreement to buy liquefied natural gas (LNG) from a
forthcoming export terminal in Texas that U.S.-based Sempra
Energy is developing, the two companies said on
Wednesday.
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Global technology companies, including chip suppliers, are cutting off their ties with China's Huawei Technologies Co after the Trump administration put the world's largest telecom equipment maker on a trade blacklist, citing national security concerns.
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These are the stocks posting the largest moves midday.
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 President Donald Trump on Wednesday said he ended infrastructure spending talks with senior Democrats after House Speaker Nancy Pelosi said he's engaging in a coverup.
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Many Federal Reserve officials said they expected a soft patch in inflation would prove temporary at their April 30-May 1 policy meeting, but several raised concerns about what might happen if price pressures continued to defy expectations by holding at lower levels.
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 U.S. stock benchmarks opened lower Wednesday morning as markets awaited the release of Federal Reserve minutes that could shed light on the central bank's outlook for interest rates amid Sino-America trade tensions. The Dow Jones Industrial Average fell 55 points, or 0.2%, at 25,820, the S&P 500 index retreated 0.2% at 2,858, while the Nasdaq Composite Index slipped 0.2% at 7,768. Minutes from the rate-setting Federal Open Market Committee's April 30-May 1 meeting will be released at 2 p.m. Eastern Time, and come amid increasing expectations that the central bank will cut rates before year-end. In corporate news, shares of home-improvement retailer Lowe's Co. were under pressure, down 7.4%, after its earnings disappointed, while shares of Target Corp. soared more than 9% after its quarterly results. Both quarterly updates were released before the start of regular trade. And Qualcomm Inc. shares tumbled, after a federal judge ruled late Tuesday that the chip maker violated antitrust laws.
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.
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A hearing on Wednesday suggested that opposition to facial recognition technology could be the rare issue progressives and conversatives in Congress. Several members voiced worries about the technology being used here as it is currently is in China, where it contributes to the surveillance state's systems of public monitoring and social control.
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The trade war between the United States and China is well into its second year. Since Jan. 22, 2018, American stocks have made two runs into all-time-high territory, but overall, they haven't made much progress. The Standard & Poor's 500-stock index is just 2% higher than when the trade conflict started.
Now, uncertainty has returned, which means volatility has returned. So today, we'll look at some of the best exchange-traded funds (ETFs) to battle another round of trade jitters.
On-again, off-again talks between the U.S. and China seemed headed toward a resolution for most of 2019 but hit a considerable wall in May. The U.S. accused China of walking back some of its agreements and raised tariffs on $200 billion in Chinese imports from 10% to 25%, prompting Beijing to retaliate with new and escalated tariffs of its own.
Certain sectors have taken on hair-trigger demeanors. For instance, technology, which experts think could be heavily targeted in future rounds of tariffs, swings daily on the latest comings and goings out of Washington and Beijing. Semiconductor companies, many of which generate gobs of their sales from China, are among the most susceptible stocks.
The best ETFs to buy if you want to beat back the trade war, then, avoid these sensitive industries and instead focus on businesses that should come out far less scathed than others. Here, we look at seven top funds from various corners of the market.
SEE ALSO: The 19 Best ETFs for a Prosperous 2019
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China has turned the Xinjiang region in its far west into an incubator for automated authoritarianism that could spread across the country and beyond.
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* Marks & Spencer tumbles after decline in profit
(Updates to closing)
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Quentin Tarantino praises Roman Polanski, defends Margot Robbie's lines in 'Once Upon a Time in Hollywood' Fox NewsBrad Pitt and Leo DiCaprio were starstruck by Luke Perry on 'Once Upon a Time in Hollywood' set: An 'icon of coolness' Yahoo EntertainmentCannes 2019 review: Once Upon a Time in… Hollywood BBC News'Once Upon a Time in Hollywood' Review | Cannes 2019 Hollywood ReporterONCE UPON A TIME IN HOLLYWOOD - Official Trailer (HD) Sony Pictures EntertainmentView full coverage on Google News
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Target Corp's same-store sales and profit for the first quarter beat Wall Street estimates on Wednesday, benefiting from higher online sales and an increase in shoppers at its stores, sending its up nearly 8% in early trading.
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At the annual shareholders' meeting, investors will vote on a proposal to ban the company from selling the technology to government agencies, unless the board grants an exception.
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Mobile banking should be effortless, with financial institutions sharing data, offering helpful suggestions and automating frequent tasks. But according to a new report from Forrester Research on mobile banking apps, far too many banks offer frustrating apps that show little thought given to how consumers interact with their financial institutions — or at least how they should.
"Banks too often send customers to separate apps or web pages to view content. These experiences, which are often inconsistent with the main app, can feel disjointed and confusing for the customer," said the report. "Menus disappear or compete with each other, names and icons have multiple meanings, or links take the customer out of the app without warning."
To read this article in full, please click here
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United Airlines Chief Executive Oscar Munoz promised on Wednesday to reaccommodate any passengers concerned about flying Boeing Co's 737 MAX jets once regulators deem the aircraft safe to fly again.
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* Acacia shares down 9% after Barrick's discounted offer
(Adds context and details of deal throughout, updates share
prices)
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United Airlines CEO Oscar Munoz, in an effort to assure passengers, vowed to be aboard the airline's first flight on a Boeing 737 Max once regulators agree to let the aircraft begin flying again.
Regulators around the world grounded the 737 Max in March after the plane was involved in deadly crashes...
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Amazon.com Inc on Wednesday said
shareholders rejected proposals to curb and audit its facial
recognition service, just as members of Congress indicated there
was bipartisan support to one day regulate the technology.
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The deal would be Saudi Aramco's first large purchase of American gas and signals that the country wants to extend its energy industry beyond oil.
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Qualcomm unlawfully suppressed competition in the market for cellphone chips and used its dominant position to exact excessive licensing fees, a judge ruled in a decision that could shake up the smartphone industry. Qualcomm shares fell more than 10%.
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Shares in Britain's housebuilders
and retailers tumbled and sterling slid on Wednesday after
multiple media reported rumours Prime Minister Theresa May's
ministers could oust her in a row over her latest deal to exit
the European Union.
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Russia flew bombers off the coast of Alaska twice in two days, forcing the US to scramble stealth fighters in response Business InsiderUS fighter jets intercept Russian bombers CBS NewsRussian 'bear' bombers intercepted near Alaska for second time in two days Fox NewsUS intercepts Russian bombers, fighter jets off the coast of Alaska CNNU.S. fighters intercept Russian bombers flying near Alaska for second day in a row NBC NewsView full coverage on Google News
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Qualcomm Inc illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensing fees, a U.S. judge ruled, a decision that could force the company to overhaul its business practices.
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International Speedway Corp. announced Wednesday a deal to be acquired by Nascar Holdings Inc. in a deal valued at $2.0 billion. Under terms of the deal, Nascar will pay $45 in cash for each International Speedway share outstanding, which represents a 2.0% premium to the Class A shares' Tuesday closing price of $44.10, and 7.1% above Nascar's original bid in November of $42 a share. The deal is expected to close in 2019. International Speedway's stock, which is halted for news until 9:50 a.m. Eastern, has gained 0.6% year to date, while the S&P 500 has advanced 14%.
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.
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Qualcomm Inc used unlawful, anticompetitive practices to license patents for modems used in mobile phones, a judge has ruled in a case brought by the U.S. trade regulator, ordering it to renegotiate major deals and change how it does business.
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Brazilian makeup brand Natura Cosmeticos agreed to buy Avon Products, according to two media reports early on Wednesday.
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The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
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Lowe's Cos Inc cut its full-year profit forecast after reporting disappointing first-quarter earnings, as the home improvement chain failed to raise prices in time to make up for higher costs, sending its shares down 9%.
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The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday.
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FTC Shows No Mercy to Qualcomm in Antitrust Ruling GizmodoQualcomm is a monopoly and must renegotiate deals, judge rules CNETUS judge says Qualcomm violated antitrust law; appeal planned, shares plunge CNBCQualcomm violates US antitrust law, judge rules CNNCourt rules Qualcomm violated antitrust law to maintain its monopoly Android PoliceView full coverage on Google News
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Lowe's lowered its full-year earnings targets as the home-improvement retailer continues to work through operational challenges, such as managing costs and improving inventory. Shares fell premarket.
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CNF earnings call for the period ending March 31, 2019.
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U.S. Treasury Secretary Steven Mnuchin said the Trump administration is open to holding new talks with China if the two sides can proceed on the basis of previous negotiations.
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JHX earnings call for the period ending March 31, 2019.
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Canada's main stock index fell on
Wednesday, with energy and mining stocks leading declines, as
investors fled riskier assets on worries over a prolonged
U.S.-China trade war.
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 Target earnings for the first quarter beat expectations on nearly every level, as its campaign to let customers do more online pays off.
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Twenty-five new sexual harassment charges and lawsuits have been announced against McDonald's. NPR's Noel King talks to Sharyn Tejani, director of the TIME'S Up Legal Defense Fund.
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Central bank minutes show debate about consumer price index sluggishness
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The U.S. Securities and
Exchange Commission said it will begin the first phase of a plan
aimed at evaluating how stock exchange fees and incentives
affect how brokers trade, even as several exchanges sue the
regulator in an attempt to kill the experiment.
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Apple has announced two new MacBook Pros which are more powerful and aim to sort the issues with previous keyboards.
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The U.S. Securities and
Exchange Commission has told equities exchanges they must
clearly describe and justify how they set their fees, including
how they charge for market data and connectivity, potentially
limiting future revenue growth.
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 Mortgage rates fell for the fourth straight week leading to a surge in refinancing. But mortgage applications for home purchases fell.
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* Indexes off: Dow 0.25%, S&P 0.22%, Nasdaq 0.31%
(Updates prices, adds comments)
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Treasury Secretary Steven Mnuchin said Wednesday that a confidential IRS memo does not undermine the agency's justification for denying lawmakers' request for President Trump's tax returns. Appearing...
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U.S. Treasury Secretary Steven Mnuchin on Wednesday urged Congress to raise the U.S. debt ceiling as soon as possible, saying the U.S. government was expected to exhaust its borrowing authority around late summer.
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Small businesses need to constantly be driving revenue growth as they gain and lose customers in a competitive marketplace. Entrepreneurs need to commit to marketing as a key discipline to drive awareness and sales.
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Treasury Secretary Steven Mnuchin said Wednesday the government could run out of room to keep paying its bills in full and on time in late summer unless Congress raises the federal borrowing limit before then.
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Jordan Long would have been in the Morehouse class of 2019, if all went according to plan
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If experienced professionals are having challenges now, imagine how hard it will be in an overall bad market. You need to be prepared. My strong suggestion to you is to have a "Plan B."
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Natura Cosmeticos, the Brazilian cosmetics giant, is in advanced talks to buy American beauty company Avon.
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Brexit: Calls grow for Theresa May to resign in bill backlash BBC NewsNo Policies? No Problem. The Patchwork Brexit Party Is Crushing Its Opponents. The New York TimesTheresa May offers vote on second referendum if lawmakers back 'new Brexit deal' CNNTheresa May's Swan Song Sadly Falls Flat BloombergForget the withdrawal bill - things could now move very quickly for Theresa May The GuardianView full coverage on Google News
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Avon Products Inc
jumped nearly 12 percent on Wednesday as Brazilian cosmetic
maker Natura Cosmeticos SA moved closer to acquiring
the U.S. company via an all-stock deal that would unite two of
Brazil's most popular makeup brands and move Natura closer to
its goal of a global market.
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Qualcomm violates US antitrust law, judge rules CNNUS judge hammers Qualcomm in its antitrust case, shares plunge 13% CNBCQualcomm is a monopoly and must renegotiate deals, judge rules CNETQualcomm Tumbles After Losing U.S. Antitrust Ruling BloombergJudge rules Qualcomm violated antitrust law: Morning Brief Yahoo FinanceView full coverage on Google News
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Apple's China business accounted for more than 17% of its sales in its fiscal second quarter, coming in at $10.22 billion.
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Smith's largesse could be — depending on how the money is given — the rare gift that is truly free.
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A federal judge sided with the Federal Trade Commission, which sued Qualcomm for charging phone makers excessing licensing fees.
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Send in your names to fly aboard the rover to Mars. (Your name, not you) CNNNASA Invites Public to Submit Names to Fly Aboard Next Mars Rover NASA Planetary ScienceNow you can put your name on NASA's Mars 2020 rover (in teeny tiny letters) GeekWireNASA invites you to put your name on the Mars 2020 rover New AtlasMars colonists ‘will become super-mutants with cancer-immune skin' - but could die ‘if they mate with Earth... Fox NewsView full coverage on Google News
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 China ban could reduce Apple earnings per share by 29%: Goldman Sachs
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Gender, "electability" and journalism: How to cover the 2020 election without sexism SalonJoe Biden's campaign pitch: Make America Normal Again Los Angeles TimesBiden responds to Trump on Pennsylvania: 'I've never forgotten where I came from' USA TODAY‘Wrong on most everything': GOP smacks down Biden's bipartisanship POLITICOShould Democrats Rally Around Joe Biden to Beat Trump? The New York TimesView full coverage on Google News
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Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's chief executive said on Wednesday.
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The carriers, Air China, China Eastern and China Southern, which are all state-controlled, grounded dozens of 737 Max jets after a crash in Ethiopia in March.
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Apple's new MacBook keyboard fix is reassuring and worrying at the same time The VergeApple introduces first 8-core MacBook Pro, the fastest Mac notebook ever Apple NewsroomApple expands its keyboard service program as it releases yet another keyboard iteration MSPoweruserApple will fix your broken keyboard CNETAll MacBooks with butterfly keyboards are now eligible for free repairs Cult of MacView full coverage on Google News
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US aircraft maker faces new financial hit over grounding of 737 Max after fatal crashes
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Commerzbank may tweak its strategy following the collapse of merger talks with its larger rival Deutsche Bank, the lender's chief said on Wednesday.
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TransferWise Reaches $3.5 Billion Valuation After Secondary Stock Sale FortuneTransferWise is now Europe's most valuable fintech start-up, with a $3.5 billion valuation CNBCTransferWise now valued at $3.5B following a new $292M secondary round TechCrunchTransferWise valued at $3.5 billion after $292 million secondary funding VentureBeatTransferWise is now worth $3.5 billion QuartzView full coverage on Google News
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Nordstrom Inc. stock falls more than 9% in the extended session Tuesday after the retailer reports first-quarter sales below Wall Street expectations, admits to missteps with its customers, and trims its outlook for the year.
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China's ambassador to the U.S. said Tuesday that Beijing was still open to resuming trade negotiations, and blamed the U.S. for changing its mind too much.
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The Time's Up Legal Defense Fund, the American Civil Liberties Union and fast-food workers coalition Fight for $15 said Tuesday that they have filed 23 new complaints against McDonald's.
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