(Reuters) – Shares of Tesla Inc jumped 8% on Wednesday after Chief Executive Officer Elon Musk made good on his promise of delivering record number of electric cars in the second quarter, quelling fears about demand for its sedans and SUVs. FILE PHOTO: A Tesla logo on a Model S is photographed inside of a
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TOKYO (Reuters) – Asian shares fell on Wednesday as initial enthusiasm over the latest U.S.-China trade truce was overtaken by fresh concerns over Washington’s threat of tariffs on additional European goods. FILE PHOTO: A passerby walks past in front of a stock quotation board outside a brokerage in Tokyo, Japan, May 10, 2019. REUTERS/Issei Kato
NEW YORK (Reuters) – The global stocks rally that followed progress on U.S.-China trade relations stalled on Tuesday, pressured by weak manufacturing data from the euro zone and the United States, and as Washington threatened additional tariffs on European goods. MSCI’s All Country World Index .MIWD00000PUS, which tracks stocks in 47 countries, slipped 0.01%. Investors
SHANGHAI (Reuters) – Asian shares were choppy on Tuesday as weak global manufacturing activity reinforced worries about slowing world growth, while the initial enthusiasm over a Sino-U.S. trade truce gave way to uncertainty over whether the two nations can strike a durable deal. A man walks past an electric screen showing Japan’s Nikkei and Shanghai
NEW YORK/HELSINKI (Reuters) – An agreement by the United States and China to return to the negotiating table on trade is doing little to relieve pressure on the Federal Reserve to cut interest rates. FILE PHOTO: Flags fly above the Federal Reserve building in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo The two