Stocks struggle before trade accord; bonds gain: Markets wrap

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NEW YORK : Stocks struggled for traction in Europe while US equity-index futures slipped as concern over trade tensions lingered before America and China sign an initial trade accord.

Treasuries rose and the dollar edged higher.

Traders will also keep an eye on earnings due Wednesday from some of America’s biggest banks, including Goldman Sachs Group Inc and Bank of America Corp. The accord leaves in place tariffs on almost two-thirds of US imports from China until at least November’s presidential election, and would also punish Beijing if it fails to deliver on pledges related to its currency, intellectual property and trade balance.

 

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