US stocks surge as holiday season hope outweighs trade concerns | The Malaysian Insight

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US stocks surge as holiday season hope outweighs trade concerns

But US investors remain fairly upbeat about consumer sentiment following recent sales data as the market looks ahead to ‘Black Friday’, the unofficial start of the holiday shopping season, say analysts. – EPA pic, November 19, 2019.

WALL Street stocks edged to new records yesterday amid optimism over the upcoming holiday shopping season, while European bourses mostly dipped on lingering anxiety over trade talks. The session in the US was choppy as investors grappled with reports that Chinese officials are intent on staking a “phase one” US-China trade deal on the removal of some tariffs, a condition opposed by the Trump administration.

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