While you were sleeping: Wall St climbs with tech stocks

Mon, 09 Apr 2018

By Margreet Dietz April 10 (BusinessDesk) - Wall Street rallied, while US Treasuries slid, amid signs that the US and China are moving away from the brink of a trade war. China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, Bloomberg reported. Senior Chinese officials are studying a two-pronged analysis of the yuan—one part looks at the effect of using the currency as a tool in trade negotiations with the US, while a second part examines what would happen if China devalues the yua...

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