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Florida great-grandma fends off 300-pound, burglar with a baseball bat: cops

Florida great-grandmother, armed with a baseball bat on Sunday taught a 300-pound burglary suspect, who police said tried to break into her car a valuable lesson: Don’t mess with grandma.

Clarese Gainey, 65, heard banging coming from outside her Gainesville home when police said she spotted 37-year-old Antonio Mosley attempting to break into her car, FOX35 Orlando reported. Mosley allegedly charged at her, but Gainey was reportedly prepared.

FLORIDA TEEN DISARMS, STABS GAS STATION CLERK WHO TRIED TO SEXUALLY ASSAULT HER AT KNIFEPOINT: POLICE

“I mean I popped him! I said 'Biya!' he said, 'Auuugh! You hit me!'” Gainey told the station.

Mosely then ran off in only his boxer shorts to a nearby mobile home, reports said. A gash was left on his head.

“He had nothing but his drawers on! No shoes, no shirt or nothing!” she told FOX35.

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A police K-9 unit tracked Mosley to the mobile home, where they said they found the 5-foot-6 burglary suspect wearing a pair of pants with cocaine in its pocket, Gainesville station WGFL-TV reported.

Mosely was held in the Alachua County Jail on $20,000 bond. He faces burglary and drug possession charges.

Source: Fox News National

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Bouteflika at bay: Why protesters are taking on Algeria’s ruling system

FILE PHOTO: Algeria's President Abdelaziz Bouteflika looks at journalists after casting his ballot during the parliamentary election in Algiers
FILE PHOTO: Algeria's President Abdelaziz Bouteflika looks at journalists after casting his ballot during the parliamentary election in Algiers, Algeria, May 4, 2017. REUTERS/Zohra Bensemra/File Photo

March 21, 2019

By Lamine Chikhi and Aidan Lewis

ALGIERS/CAIRO (Reuters) – Protests that brought hundreds of thousands onto the streets in Algeria over the past month led President Abdelaziz Bouteflika to scrap plans to run for a fifth term.

He postponed an election originally set for April and announced that experts would oversee a transition to a “new system” in coming months. Protesters say this is not enough.

WHAT CAUSED THE PROTESTS?

The immediate cause was Bouteflika’s candidacy. Calls for protests spread after it was confirmed on Feb. 10. Mass rallies began on Feb. 22, and numbers rose over the following two Fridays. After Bouteflika abandoned plans to stand but stopped short of stepping down — raising the prospect that he would stay in power for the rest of the year — the protests swelled.

More broadly, protests drew on frustration among millions of Algerians who feel politically and economically excluded, and resentment against an aging and secretive elite that has controlled Algeria since independence from France in 1962.

President since 1999, Bouteflika became a symbol of an independence generation that clung to power. He oversaw a return to stability after a civil war in the 1990s but in his second decade in power was incapacitated and mostly absent from public life, fuelling a sense of drift and decline.

Plans to diversify the economy away from oil stalled in a sclerotic system many saw as corrupt and riven with cronyism.

HOW DID BOUTEFLIKA SURVIVE SO LONG?

Major Islamist groups were discredited by the 1990s war and along with a liberal opposition were coopted or excluded when it ended. As the ruling National Liberation Front (FLN) reasserted itself, political apathy set in and election turnouts dropped.

When uprisings swept the region in 2011, Algeria used a heavy security and oil money to curtail demonstrations.

There were frequent local protests, but these demanded state resources, not political change. Factional battles played out in the domestic media, relatively free by regional standards. Then, as now, neither ruling elite factions nor Bouteflika and his entourage appeared able to agree on a succession plan.

WHO HAS BEEN RUNNING THE COUNTRY?

Bouteflika has rarely been seen in public since suffering a stroke in 2013, but by then he had already sidelined or outlived the generals who brought him to power. General Mohamed “Toufik” Mediene, head of military intelligence and the man widely seen to be the real center of power in Algeria, departed in 2015.

While the army remained Algeria’s most powerful institution, an informal clique around the presidency amassed more influence, including Bouteflika’s younger brother Said. An emerging business elite profiting from surging oil income also benefited.

WHAT ARE THE POSSIBLE SCENARIOS NOW?

Bouteflika announced that an “independent and inclusive” national conference would draft and new constitution and set a date for elections, and should conclude its work by the end of the year. An interim, technocratic government is being formed.

But this plan has been cast into doubt as Bouteflika’s position has weakened. Protesters want him to step down when his five-year term ends in April and say their goal is sustain pressure and prevent infiltration from “Bouteflika’s system”.

Chief of staff Gaed Salah has said the army should take responsibility for solving the crisis but so far it has been waiting in the wings. The army is more reluctant to intervene directly than in the past. Its decision to cancel parliamentary elections in 1992 that Islamists were poised to win triggered the conflict that left up to 200,000 people dead.

Islamism is in decline, and a new leader may come from the political mainstream. Ahmed Benbitour, a former prime minister, and Mustapha Bouchachi, a rights activist and lawyer, are among those emerging as protest leaders.

WHAT CHALLENGES DO PROTESTERS FACE?

Protesters are trying to remain peaceful. From the start, they have worried that factions within the security forces may provoke violence to discredit protesters, or that demonstrations could turn violent when protesters’ demands are not met.

Another challenge is to find leaders with enough experience and broad support — those who served under Bouteflika may be discredited in the eyes of protesters.

Protesters fear that factions holding power and associated patronage networks will look to survive even as they abandon Bouteflika. Most observers believe that while Bouteflika and his clique will leave power, the system around them will remain.

WHAT’S AT STAKE?

Algeria is Africa’s biggest country by landmass and has a population of more than 40 million. It is a major oil and gas producer and OPEC member, and a top supplier of gas to Europe.

Western states see Algeria as a counter-terrorism partner. It is a significant military player in North Africa and the Sahel, and diplomatically involved in crises in Mali and Libya.

Algeria also backs the Polisario Front independence movement in Western Sahara, in opposition to its neighbor Morocco.

(Writing by Aidan Lewis, Editing by William Maclean)

Source: OANN

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NMacedonian prison chief fired after ex-ministers assaulted

The head of North Macedonia's main prison in the capital of Skopje has been fires after two former government ministers being held in pre-trial detention were assaulted in the prison yard by other inmates.

Prime Minister Zoran Zaev demanded the resignation of Gjoko Kotevski on Friday, a day after the attack in which one ex-minister was injured. The victim launched a hunger strike to protest the attack.

The labor and construction ministers in the country's former conservative government, in power from 2006-2016, have been ordered jailed for 30 days pending trial in connection with the violent storming of parliament in 2017.

The jail attack, in which the former ministers were punched and kicked, took place late Thursday, a day after they entered prison. Both have been moved to a more secure prison area.

Source: Fox News World

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IMF’s Lagarde says China’s Belt and Road should only go where sustainable

IMF Managing Director Christine Lagarde attends a thematic forum of the second Belt and Road Forum for international cooperation in Beijing
International Monetary Fund (IMF) Managing Director Christine Lagarde attends a thematic forum of the second Belt and Road Forum for international cooperation in Beijing, China, April 25, 2019. REUTERS/Jason Lee

April 26, 2019

BEIJING (Reuters) – China’s massive Belt and Road infrastructure program should only go where it is needed and where the debt it generates can be sustained, International Monetary Fund Managing Director Christine Lagarde said on Friday.

In brief remarks to nearly 40 world leaders and other high-ranking officials at China’s second Belt and Road summit in Beijing, Lagarde said the program to build ports, railroads and other trade-enhancing infrastructure was having a positive impact on growth in certain countries but needed to be managed carefully.

She called for a revamped “Belt and Road 2.0” to include increased transparency, an open procurement process with competitive bidding and better risk assessment in project selection.

“History has taught us that, if not managed carefully, infrastructure investments can lead to a problematic increase in debt,” Lagarde said in remarks prepared for delivery at the conference. “I have said before that, to be fully successful, the Belt and Road should only go where it is needed. I would add today that it should only go where it is sustainable, in all aspects.”

Lagarde said that Chinese authorities were taking positive steps with a new debt sustainability framework that will be utilized to evaluate projects.

The sustainability initiative was announced on Thursday as China seeks to allay concerns that the Belt and Road plan to boost trade links was saddling poor countries with debts they cannot repay.

She also applauded the launch of a green investment principle for Belt and Road projects at the Beijing conference, emphasizing low-carbon and climate resilient investments.

“Debt sustainability and green sustainability will strengthen BRI sustainability,” Lagarde said.

The IMF chief said the Belt and Road initiative was helping to stimulate infrastructure investment and developing new global supply chains. She cited a new manufacturing zone in Kazakhstan linked to Belt and Road and construction of a highway in Senegal linking three cities to the country’s main airport, which has helped underpin strong growth.

(Reporting by David Lawder in Washington; Editing by Richard Borsuk)

Source: OANN

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3 candidates vie for North Macedonia presidency

Three candidates are vying for the presidency in North Macedonia, where voters go to the polls on Sunday for the first round of elections.

The post is largely ceremonial, but the election is seen as a key test of the government following deep polarization after the country changed its name to end a decades-old dispute with neighboring Greece over use of the term "Macedonia."

Here is a look at the three candidates, all of whom are university professors:

____

Gordana Siljanovska Davkova, 63 — The first woman to run for president since the country declared independence from Yugoslavia in 1991. Known for her love of yoga and rock-and-roll, Siljanovska, a constitutional law professor, first emerged as a non-partisan candidate promoted by her university. Her nomination is now supported by the main conservative opposition VMRO-DPMNE party.

Siljanovska campaigned under the slogan "Justice for Macedonia, fatherland calls." She has been a vocal opponent of the deal with Greece that changed the country's name to North Macedonia in return for Athens dropping its objections to the country joining NATO.

Siljanovska served as minister without portfolio in 1992-1994 in the first government after independence and participated in writing the country's first constitution.

____

Stevo Pendarovski, 56 — A former national security adviser for two previous presidents and until recently national coordinator for NATO, this is Pendarovski's second bid for the presidency after being defeated by outgoing President Gjorge Ivanov in 2014.

Pendarovski is running as the joint candidate for both the governing social democrats and the junior governing coalition partner, the ethnic Albanian Democratic Union for Integration party. His candidacy is also supported by 29 smaller political parties.

He is a strong defender of the name deal with Greece, arguing that it paved the way for the country to nearly finalize its NATO accession and led to hopes EU membership talks will begin in June.

His slogan "Forward Together" reflects his main campaign platform of unity, and he has made NATO and EU membership a key strategic goal, saying they will bring more foreign investment, will create jobs and higher wages and prevent young people leaving the country.

____

Blerim Reka, 58 — A soft-spoken international law professor who headed the country's diplomatic mission to the EU from 2006-2010, the ethnic Albanian candidate was nominated by two small ethnic Albanian opposition parties, BESA and the Alliance of Albanians.

Reka chose "Reka for the Republic" as his campaign slogan, saying the concept of a "republic for all" is the most suitable for a multiethnic state. He has campaigned mainly in the larger ethnic Albanian communities. He advocates Northern Macedonia strengthen its multiethnic and multicultural characteristics, but insists the country must reform its "corrupt" administration and establish rule of law and an independent judiciary.

Reka also supports the name deal with Greece, saying the agreement ended a long-standing dispute and opened the doors for the country to join NATO and the EU.

No ethnic Albanian presidential candidate has ever made it to the second round of elections in the past. But the ethnic minority's votes, which make up about a quarter of the country's 2.1 million people, have proved crucial to the election of the president in the runoffs.

Source: Fox News World

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Florida man was high on adult-themed nitrous oxide during deadly crash, prosecutors say

A Florida man charged with DUI manslaughter in the July 2018 death of a real estate attorney was allegedly high on nitrous oxide when he hit the man with his vehicle, prosecutors said Wednesday.

Joseph Franco, 27, had initially been charged with tampering after the fatal crash, but the new, more serious charge was added after further investigation, the Miami Herald reported.

FLORIDA MAN ACCUSED OF KILLING TWO, EATING MAN’S FACE, BELIEVED HE WAS ‘HALF-DOG, HALF-MAN,’ DOCTOR SAYS

Franco inhaled the nitrous oxide before fatally hitting Amir Pelleg and injuring his wife and two daughters, investigators said. Police discovered a dozen used canisters labeled XXX Platinum Triple Refined Cream Chargers inside a bag Franco was reportedly seen dumping after the accident. The cream chargers, also known as "whippets," were an adult-themed item intended to be used to make whipped cream.

Franco received the additional charge after a forensic lab determined the canisters contained an illegal amount of nitrous oxide, according to the Miami Herald. Officials said an investigation into the car’s black box determined that Franco did not brake or swerve before the crash.

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Franco was reportedly on house arrest awaiting a trial on the tampering charge when the new charge was handed down. He was booked into jail Wednesday.

Source: Fox News National

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Maryland man arrested for allegedly knowingly transferring HIV to women

Police arrested a Maryland man Monday for allegedly knowingly transferring HIV to women he met on dating apps, a report said.

Rudolph Smith, 34, of Frederick, Md., was indicted on four counts of first-degree assault, reckless endangerment and other charges, Fox 5 in Washington, D.C. reported.

WORLD'S FIRST LIVING HIV-POSITIVE ORGAN DONOR SAYS SHE 'WANTED TO MAKE A DIFFERENCE'

His arrest came after a 21-month long investigation that began after a tip.

Several women have been identified and contacted, but it is unclear how many alleged victims there are.

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Police contacted several victims before bringing the case to a grand jury, WJZ in Baltimore reported.

Source: Fox News National

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FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle
FILE PHOTO: An aerial photo looking north shows shipping containers at the Port of Seattle and the Elliott Bay waterfront in Seattle, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson/File Photo

April 26, 2019

NEW YORK (Reuters) – U.S. economic growth is running at a 1.1% pace in the second quarter as the gains in exports and inventories recorded in the first quarter are expected to reverse, Morgan Stanley economists said on Friday.

“Our preliminary expectations for growth in the second quarter sees large drags from net exports and inventories after their contributions in 1Q,” they wrote in a research note.

Gross domestic product increased at a 3.2% annualized rate in the first three months of the year, driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, the Commerce Department said earlier Friday.

(Reporting by Richard Leong)

Source: OANN

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FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt
FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019. REUTERS/Ralph Orlowski/File Photo

April 26, 2019

By Tom Sims

FRANKFURT (Reuters) – Within hours of the collapse of merger talks with Commerzbank, Christian Sewing scrambled to convince investors and employees that Deutsche Bank can stand on its own two feet.

The Deutsche Bank chief executive told staff, many of whom opposed a merger because of significant job losses, that while he had not been “skeptical” about the Commerzbank talks, he was cautious about the chances of success from the start.

And another top Deutsche Bank executive said on Friday that it had been Commerzbank that initiated the talks, suggesting there was no desperation on their part for a deal.

Commerzbank denied that version of events, ending the apparent truce between the normally highly competitive cross-town Frankfurt rivals over the past six weeks.

German hopes of creating a national banking champion able to challenge global competitors were finally dashed on Thursday when Deutsche Bank and Commerzbank ended their talks due to the risks of doing a deal, restructuring costs and capital demands.

For Sewing, the failure to clinch a deal has left the 49-year-old chief executive of Germany’s largest bank, who took over just over a year ago, with his back to the wall.

Credit ratings agency Standard & Poor’s, which downgraded Deutsche Bank last year, said on Friday that Deutsche Bank “will remain under strain”, adding that it “seems to have acknowledged the need to adjust its strategy”.

Under Sewing, a new leadership has tried to revive Deutsche Bank’s fortunes, but it has faced money laundering allegations and failed stress tests, as well as ratings downgrades.

At the heart of the debate over its future is whether it should focus its business on Germany and draw a line under its costly global ambitions to take on Wall Street’s big guns.

“MARKET PLAY”

Without a deal, Deutsche Bank now finds itself back at the mercy of equity and debt markets, with UBS analysts warning that in a “stress scenario” it could again “be forced into a ‘debt-driven capital increase’ even with solid capital ratios”.

“Deutsche remains a levered market play vulnerable to external events,” the UBS analysts said in a note.

Sewing, along with many analysts, believes Deutsche Bank can go it alone in the short-term, but will be counting on a turnaround in market conditions to do so in the long-run given its dependence on volatile investment bank earnings.

“To reach our return objective, we also need to see a revenue recovery in our more market-sensitive business,” Sewing said on Friday after reporting results.

“These revenues are available to us in better market conditions given our leading positions in many of these businesses, but we need to capture them,” he added.

Revenue at Deutsche Bank’s bond trading division fell 19 percent in the first quarter, it said on Friday, underscoring weakness at its investment bank.

If those earnings do not improve, Berlin’s desire to keep its biggest bank out of foreign hands may start to wane.

“Germany’s globally active companies need competitive financial institutions that can support them around the world,” German finance minister Olaf Scholz said on Thursday.

(Writing by Alexander Smith; Editing by Keith Weir)

Source: OANN

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Panama's former president Ricardo Martinelli yells to the media while arriving to the Electoral Court in Panama City
Panama’s former president Ricardo Martinelli reacts to the media while arriving to the Electoral Court in Panama City, Panama April 26, 2019. REUTERS/Erick Marciscano

April 26, 2019

PANAMA CITY (Reuters) – Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot take part in elections on May 5 in which he was running for mayor of Panama City and a seat in Congress, a spokesman for Martinelli said on Friday.

“The ruling of the electoral tribunal has disqualified him as candidate,” said the spokesman, Eduardo Camacho, calling the court’s ruling a “political decision.”

Officials at the tribunal did not immediately confirm the ruling, which also was reported in local media in Panama.

Martinelli, a supermarket tycoon who ran the Central American country from 2009 to 2014, was extradited to Panama last June from the United States and charged with spying on 150 people, including politicians, union leaders and journalists.

A judge had previously cleared Martinelli to run for mayor of the capital. His critics vowed to appeal that decision.

(Reporting by Elida Moreno and Stefanie Eschenbacher; Editing by Bill Trott)

Source: OANN

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FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City
FILE PHOTO: Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City, January 29, 2016. REUTERS/Mike Segar/File Photo

April 26, 2019

(Reuters) – Shares of Walmart, Target and other U.S. retailers fell on Friday as Amazon.com Inc unveiled a one-day delivery plan for its Prime members in a move to further disrupt the fiercely competitive retail landscape.

The e-commerce giant’s announcement on Thursday could cause other brands, manufacturers, retailers, and logistics companies to have to invest more aggressively to compete with Amazon and its delivery, analysts said.

Retailers in recent years have poured billions into ecommerce and faster shipping options and are trying to close the gap with Amazon.

“This is about making it more expensive to catch up and affirms our world view that only the largest and smartest will survive,” Bernstein analyst Brandon Fletcher said.

The move is expected to heighten consumer expectations on e-commerce delivery just like Amazon did with its two-day shipping option for members of its loyalty club Prime, noted analysts.

“The faster you ship, the more people buy,” RBC Capital Markets analyst Mark Mahaney said.

The challenge for non-Amazon players was that very few of the existing logistics and parcel delivery players now have the ability to do nationwide one-day delivery, Morgan Stanley analyst Brian Nowak said.

“And even fewer can do it at the vast scale and reasonable cost that AMZN would need for Prime delivery,” Nowak said in a note.

Walmart Inc’s shares fell about 3 percent, while Target Corp dropped about 5 percent in morning trade.

Shares of Kohl’s Corp, Macy’s Inc and Nordstrom Inc fell about 1 percent. Grocer Kroger Co was nearly 3 percent lower, while consumer electronics retailer Best Buy Inc dropped 2.1 percent.

(Reporting by Soundarya J and Akanksha Rana in Bengaluru; Editing by Maju Samuel)

Source: OANN

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A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) in Beijing
A Chinese woman adjusts a Chinese national flag next to U.S. national flags before a Strategic Dialogue expanded meeting, part of the U.S.-China Strategic and Economic Dialogue (S&ED) held at the Diaoyutai State Guesthouse in Beijing, July 10, 2014. REUTERS/Ng Han Guan/Pool (CHINA – Tags: POLITICS BUSINESS)

April 26, 2019

By April Joyner

NEW YORK (Reuters) – Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies.

Shares of S&P 500 industrial and technology companies, which were buffeted by last year’s tit-for-tat tariffs as well as slowing global demand, have been very responsive to progress in U.S.-China trade relations and a strengthening Chinese economy. This year, those sectors have outpaced the ascent in the S&P 500, which reached a record closing high on Tuesday.

Materials stocks have not been as sensitive, however, even though they also stand to benefit as a stronger Chinese economy lifts global consumption and industrial output. As China has taken measures to stimulate its economy, its economic data have turned more upbeat. That in turn could aid global growth, which has flagged as a result of China’s cooldown.

“What we’re seeing is China spending more on stimulus: fiscal stimulus and monetary stimulus,” said Kristina Hooper, chief global market strategist at Invesco in New York. “That’s likely to be a positive for materials.”

The People’s Bank of China has cut banks’ reserve requirement ratio five times over the past year and is widely expected to ease policy further to spur lending and reduce borrowing costs. The stimulus appears to have boosted Chinese economic data, with factory activity growing in March for the first time in four months.

Yet so far in 2019, the S&P 500 materials index has underperformed the S&P 500 at large, rising just 11.9% compared with 16.7% for the benchmark index. Moreover, it is among the biggest decliners in the period since the S&P’s previous record closing level on Sept. 20. The materials index has fallen 7% over those seven months, versus a 5.2% gain for technology and a 3% loss for industrials. Only the energy index has dropped more over that period.

A trade agreement could serve as a catalyst for a bump in materials shares as a drag on China’s economy is lifted, some market strategists say. Some commodity prices, including those for copper and oil, have ascended this year as the prospects for the global economy have somewhat brightened.

“It all goes back to the global growth outlook,” said Andrea DiCenso, portfolio manager for alpha strategies at Loomis Sayles in Boston. “With the front run in hard data, we’re beginning to see a pretty significant rally.”

Additionally, a trade agreement is expected to include commitments from China to purchase higher quantities of U.S. products such as soybeans, which could benefit companies that make agricultural chemicals, including DowDuPont Inc and CF Industries Holdings Inc.

CF Industries is scheduled to report quarterly results after the bell on Wednesday, and DowDuPont is scheduled to report before the market open on Thursday.

To be sure, even with a trade agreement, some materials companies could face price pressures. Shares of Freeport-McMoRan Inc fell 10.1% on Thursday after the copper mining company posted a lower-than-expected profit as its production slipped and its costs rose.

A rollback of tariffs on Chinese imports, particularly aluminum and steel, would likely prompt a fall in some commodity prices, which could hurt prospects for certain materials companies, said Gene Goldman, chief investment officer at Cetera Investment Management in El Segundo, California.

Even so, those drawbacks may be outweighed by the support for global demand fostered by a U.S.-China trade agreement.

“You could see a number of companies with lowered expectations bring them back up as they talk favorably about the impact that a trade deal would have on them,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.

(Reporting by April Joyner; additional reporting by Sinéad Carew; editing by Jonathan Oatis)

Source: OANN

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