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Apple, Microsoft contribute more than 1000 points to the Dow this year

Apple and Microsoft are leading the record market rally in 2019. The two have amassed a collective $819 billion in market cap this year, leading the Dow Jones Industrial Average to all-time highs. If those gains were stripped from the Dow, the blue-chip index would be nearly 1,100 points lower …

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December could be good for the stock market, but there’s one big risk

The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters Stocks have had a bang-up year so far, and they’re heading straight into the month that is often the best of all. The S&P 500 is up more than 25% for the year. Thanksgiving week …

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India’s quarterly GDP is set to fall below 5% — the slowest pace since 2013

Roadside barber Ranjit (R) shaves a customer’s beard under the flyover in Amritsar on September 22, 2019. Narinder Nanu | AFP | Getty Images India is set to announce its GDP figures for the three months that ended in September on Friday — and experts are predicting a further slowdown …

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Mexico’s economy has not been this weak since ‘Tequila crisis’

An employee installs the rear passenger door on a test frame for a Volkswagen AG Tiguan compact sport utility vehicle inside the company’s production plant in Puebla, Mexico. Susana Gonzalez | Bloomberg | Getty Images The Mexican and the U.S. economies have historically grown or declined in tandem, but not …

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Market experts made predictions for 2019 — did they get them right?

It’s that time of year when banks, brokers and analysts issue predictions for what the following 12 months will bring for financial markets. The experts gain bragging rights if their forecasts play out perfectly, but predictions can also go spectacularly wrong in the world of finance. CNBC looks back at …

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Stephen Roach on manufacturing, supply chain shifts amid trade war

A Chinese manufacturing worker. TPG | Getty Images SINGAPORE — U.S. companies aren’t likely to pack up their manufacturing operations in China and move them back home amid the trade war between Washington and Beijing, according to a prominent economist. That’s because supply chains are “very difficult to put together, …

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Charles Schwab in talks to buy TD Ameritrade, deal could be imminent

Charles Schwab is in talks to buy TD Ameritrade, a source told CNBC’s Becky Quick on Thursday. A deal could be announced as early as Thursday. A deal between Schwab and TD Ameritrade would create a behemoth with more than $5 trillion in combined assets, about $3.8 trillion from Schwab …

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What is RCEP? Asia-Pacific trade deal slated to be world’s largest FTA

A container ship berthing at the port in Qingdao, in China’s eastern Shandong province. STR | AFP | Getty Images After more than six years of negotiations, more than a dozen countries in Asia Pacific are now aiming to sign what would be the world’s largest trade agreement in 2020. …

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European markets climb after China and the US agree to cancel tariffs

European shares touched a four-year high Thursday morning after China said the world’s two largest economies had agreed to cancel additional tariffs imposed in their months-long trade war. The pan-European Stoxx 600 climbed 0.4% in early trade to hit its highest point since July 2015, with basic resources, autos and …

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Trade losses for the US, China mount into tens of billions of dollars

U.S. President Donald Trump and Chinese Vice Premier Liu He talk to reporters in the Oval Office at the White House April 04, 2019 in Washington, DC. Chip Somodevilla | Getty Images There may be winners and losers from a political point of view when it comes to the trade …

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