U.S. Stock futures on Monday rose above optimism that talk of additional monetary stimulus is in progress and that the rollout of the Covid-19 vaccine could help stem the tide. Futures linked to the S&P 500 rose 0.7%, indicating that the broad-market index could reach a higher level after New …
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WASHINGTON – The U.S. recorded its largest monthly trade deficit since August 2006 as consumer goods imports returned to pre-epidemic levels, adding evidence of a reversal in global trade. U.S. The trade deficit widened by 5.9% to 1 1.1 billion since July, the widest gap since August 2006, the Commerce …
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U.S. Federal Reserve Chairman Jerome Powell’s scheduled visit to the U.S. on Tuesday outlined data on the economic outlook and trade deficit. There was a slight change in stock futures. Futures linked to the S&P 500 became a wave between small gains and losses. Nasdaq-100 contracts fell 0.2%. Both indices …
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Department of Commerce Computer-chip companies have been told that they must obtain a license before exporting some of the technology to China’s largest semiconductor manufacturer, which is a blow to China’s efforts to compete in advanced technology. The department made the requirement in a letter to the computer-chip industry on …
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