Investors will measure the response to this week’s selloff, which came at a time when markets are entering a strong seasonal period.
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A Santa Claus rally could come just in time next week to help stocks end the year on a high note
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CNBC’s The China Connection newsletter: AI integration gives China supply chains an even greater advantage
A humanoid robot from UBTech moves a load onto an automated guided vehicle (AGV) in an electric car factory for Geely-backed Zeekr on Aug. 5, 2024, in Ningbo, Zhejiang province of China. Vcg | Visual China Group | Getty Images This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings […]
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European markets set to open higher, shrugging off Trump’s 50% metals tariffs
Trump’s 50% steel tariffs could see European steelmakers lower prices The European steel industry is set to see a mixed impact on prices after U.S. President Donald Trump said tariffs on steel imports will double from 25% to 50% on June 4. The latest tariffs will cause U.S. domestic prices of steel to increase, which […]
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Toyota Industries’ shares nosedive on $33 billion buyout deal — steepest fall in 10 months
The Toyota Industries Corp. logo at the company’s Nagakusa plant in Obu, Aichi Prefecture, Japan. Bloomberg | Bloomberg | Getty Images Shares of Toyota Industries slumped as much as 13% Wednesday, after Toyota Group’s reported 4.7 trillion yen ($33 billion) deal to take the company private. That includes a tender offer of $26 billion for shares of Toyota Industries […]
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