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Stock futures gain on U.S.-China trade optimism [Reuters]
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Stock futures gain on U.S.-China trade optimism (Reuters) - U.S. stock index futures rose on Tuesday as investors turned optimistic that Washington and Beijing would agree on a deal to end a bruising trade war that is posing one of the biggest risks to global economic growth. The fallout from the tit-for-tat tariff dispute over the past 16 months has already led to a slowdown in China and shown up in some economic indicators in the United States. But U.S. stock markets have climbed steadily to new record highs this month, shrugging off negative headlines on the trade front. On Monday, a temporary reprieve in sanctions on China’s Huawei Technologies Co Ltd by the Trump administration helped ease concerns, which were triggered by a report that China was pessimistic about reaching a deal. Trade-sensitive chip stocks, including Qualcomm Inc ( QCOM.O ), Applied Materials Inc ( AMAT.O ) and Lam Research Corp ( LRCX.O ), gained about half a percent in premarket trading. Most U.S.-liste
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