17 Apr
0
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Good morning. 1. US stocks rose for a second day on Tuesday on better-than-expected earnings reports. The Dow Jones was up 0.87%, while the S&P 500 rallied nearly 1.25%, led by Netflix which showed in its earnings report last night that it added nearly seven and a half million subscribers in the first quarter. Markets appeared to shrug off the latest rise in US-China trade war tensions as China slapped a 179% import tax on US sorghum, a key agricultural export. While investors remain nonchalant, Trump’s trade battles are starting to worry the American public.
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