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China FXI ETF under pressure from Trump’s trade tactics

AFP | Getty Images Investors monitor stock prices at a securities company in Jiujiang, China, June 19, 2018. An exchange-traded fund tracking shares of large Chinese companies traded in Hong Kong is on pace for its longest losing streak since 2012. The iShares China Large Cap ETF (FXI) fell more …

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Trump’s trade fights have cost the stock market trillions and raised volatility

For a president that has otherwise been extremely friendly to business and stocks, new research by CNBC shows Mr. Trump’s trade policies have cost markets trillions of dollars and created head-spinning volatility. There have been 35 moves of 1 percent or more in the Dow Jones industrial average so far …

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Chinese investment in the US drops 90% amid political pressure

Chinese acquisitions and investments in the U.S. fell 92 percent to just $1.8 billion in the first five months of this year, consulting and research firm Rhodium Group said Tuesday. Counting divestitures, net Chinese deal flow to the U.S. during that time was a negative $7.8 billion, the report said. …

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Buy beaten-down Citi shares ahead of stress test results and earnings, Deutsche Bank says

Deutsche Bank upgraded Citigroup shares to buy from hold, noting the stock could get a boost from beaten-down levels given upcoming stress test results and a better business environment. Citi shares are down 17 percent from their 52-week high hit in late January, underperforming Bank of America and J.P. Morgan …

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In past Trump trade conflicts, it has paid to buy the market dip

The Trump administration’s history with trade has been volatile for stocks, usually sending them lower at first, but investors who have bought equities on those dips have been rewarded. The Dow Jones industrial average, S&P 500 and Nasdaq composite this year dropped on average at least 0.4 percent immediately after …

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Small company stocks less sensitive to trade wars

Despite the dominance of large technology companies in the stock market’s gains over the last year, small company stocks are forecast to do better if trade war fears come to pass. Small company stocks have already been outperforming the broad market because of tax cuts and regulatory reform. The iShares …

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Soybean prices drop to nine-year low on US-China trade war fears

J.B. Forbes | St. Louis Post-Dispatch | TNS | Getty Images Truck driver Marion Howard watches soy beans load into his truck on Wednesday, Oct. 11, 2017, at Chris Crosskno’s farm near Denton, Mo. Soybean futures plunged Tuesday to their lowest in more than nine years following renewed concerns about …

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There’s one Dow stock having a great day: Verizon

Verizon was the only member of the Dow Jones Industrial Average trading significantly into the green on Tuesday after Deutsche Bank upgraded the wireless provider, saying the shares were relatively cheap. The stock gained 1.8 percent Tuesday, also boosted by investors betting that its domestic revenues will be shielded from …

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In a trade war with China, US chipmakers could be the biggest casualties

David Paul Morris | Bloomberg | Getty Images Brian Krzanich, chief executive officer of Intel Corp., holds up a 49-qubit superconducting quantum test chip named ‘Tangle Lake’ while speaking during a keynote address at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Monday, Jan. 8, 2018. …

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Xiaomi to postpone its China depository receipts offering

Anthony Kwan | Bloomberg | Getty Images Signage for Xiaomi Corp. is illuminated inside one of the company’s stores in Hong Kong, China. China’s Xiaomi Corp said on Tuesday it will postpone its mainland share offering until after it completes its listing in Hong Kong. Xiaomi said it would submit …

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