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Both countries promised to say more on Monday about what talks over the weekend achieved. Until then, investors and businesses are guessing.
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UBS strategists led by Sean Simonds have a timely note about how now the questions will be less on policy uncertainty and more on outcome uncertainty.
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Why the time may be right for this out-of-favor stock-market strategy. MarketWatchThe Stock Market Is Getting a Warning from Bonds and the Dollar. Tariff Turmoil Isn't Over. Barron'sTrade War: Cynics About Trump Tariffs Should Focus on Markets Bloomberg.com'We're not out of the woods': Wall Street strategists say stock market's pain won't end with Trump trade deals Yahoo Finance
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European stocks rise following U.S.-China deal to cut tariffs; Maersk jumps 13% CNBCEuropean shares rise as US and China reach deal to slash tariffs ReutersGerman stocks hit record high as trade optimism buoys markets Financial TimesGermany's DAX surges to new highs on US-China trade announcement Yahoo Finance
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Trump Wants Saudi Arabia to Invest $1 Trillion in the U.S. The New York TimesTrump's 17th week back in office to focus on Middle East trip, admin leaders ironing out China trade talks Fox NewsFor Trump, It's a New Era of Deal-Making With Tech's Most-Coveted Commodity The New York TimesTrump heads to Saudi Arabia eyeing more investment in US BBC
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The White House said it was announcing a trade deal without providing any details. Representatives from the U.S. and China had been meeting in Switzerland.
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