Deere & Co.’s third-quarter earnings on Friday missed Wall Street estimates, hurt by the US-China trade war that has dented the demand for its farm machines…
The designation by the US Treasury Secretary starts a formal process of bilateral negotiations between the world’s two largest economies, and fulfils a promise made by US President Donald Trump.
Netflix shares fell about 11% on worries about its earnings report on Wednesday that showed lower-than-expected global growth.
Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust US retail data and a Brexit-driven dive in the pound.
The benchmark S&P 500 has rallied more than 5% this month as softening economic data coupled with comments by Fed officials heightened expectations the Fed will cut rates by the end of the year.