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Stock impact report

Wall St Week Ahead-Trump-Xi trade armistice clears way for more market gains [Reuters]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
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Company Research Source: Reuters
Wall St Week Ahead-Trump-Xi trade armistice clears way for more market gains | Reuters 5 Min Read (Adds outcome of Xi-Trump meeting at G20, Fed’s Powell testimony) By Jonathan Spicer and Lewis Krauskopf NEW YORK, Dec 2 (Reuters) - One of the darkest clouds hanging over Wall Street somewhat dissipated on Saturday when China and the United States agreed to shelve any new tariffs and reset discussions, at least temporarily halting an increase in their tensions over trade. Investors said the agreement, lasting 90 days, between Chinese President Xi Jinping and U.S. President Donald Trump at the G20 summit spelled a reprieve for stocks and could pave the way for a positive bookend to a volatile trading year. The trade tension between Washington and Beijing, along with an uncertain outlook for U.S. rate hikes, have for months dogged prospects for equities. The U.S. pledge not to boost tariffs on $200 billion of Chinese goods could mark the most important deal in years between the world’s top Show less Read more
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