U.S.-China tensions pull Wall Street lower

(Reuters) – Wall Street receded on Thursday, a day after hitting two-month highs, on a fresh wave of China-U.S. tensions, raising doubts about the trade deal reached early this year between the world’s two largest economies. President Donald Trump said…

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Futures jump as investors hold out for recovery

(Reuters) – U.S. stock index futures climbed on Wednesday as investors clung to hopes of a recovery from a looming coronavirus-fuelled recession amid signs of more central bank and government stimulus for ailing sectors. Home improvement chain Lowe’s Cos Inc…

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U.S. car rental firm Hertz names new CEO

(Reuters) – Hertz Global Holdings Inc (HTZ.N) on Monday appointed Paul Stone as its chief executive officer days after the U.S. car rental company raised going-concern doubts following a bigger quarterly loss. Hertz, backed by billionaire investor Carl Icahn, has…

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