The fixed-income markets have lagged behind other financial services sectors when it comes to innovation but over the last few years that has all changed. AI, machine learning, sentiment analysis and indexing are set to revolutionize the traditional role of the trader.
Walmart Inc. has sent a letter to U.S. Trade Ambassador Robert Lighthizer warning that proposed tariffs on $200 billion on Chinese goods would hurt consumers and American businesses.
Industrials led the Dow to a new closing high on Friday ahead of Monday's major sector reshuffle, capping a week that largely shrugged off trade worries.
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