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Stocks rise on stimulus moves but US-China tensions simmer - Black News Channel

  • Aug 10, 2020
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By ELAINE KURTENBACH AP Business Writer Global shares advanced Monday after U.S. President Donald Trump issued executive orders to provide tax relief and stopgap unemployment benefits for Americans hit by the fallout from the coronavirus pandemic. Market gains were capped, however, after China announced unspecified sanctions against 11 U.S. politicians and heads of organizations promoting democratic causes, including Senators Marco Rubio and Ted Cruz, who have already been singled out by Beijing. Investors are watching for further developments on stimulus for the U.S. economy and on trade tensions between Beijing and Washington. Trade talks between the countries are planned for […]

The post Stocks rise on stimulus moves but US-China tensions simmer appeared first on Black News Channel.

Source: Black News Channel - Black News Channel

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