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Mueller Report Will Be Released By “Mid-April, If Not Sooner”, AG Barr Says

Update: In response to Barr’s letter announcing the upcoming release of a redacted version of the Mueller report, Chairman Nadler said: “As I informed the Attorney General..Congress requires the full and complete Mueller report, without redactions, as well as access to the underlying evidence, by April 2.  That deadline still stands.”

Attorney General William Barr wrote a Friday letter in response to Senate Judiciary Chair Lindsey Graham (R-SC) and House Judiciary Chairman Jerrold Nadler (D-NY) notifying them that a redacted copy of the Mueller report will be delivered to Congress, then available to the public, by mid-April “if not sooner.” 

Everyone will soon be able to read it on their own,” wrote Barr.


Alex Jones breaks the news that Joseph Farah, founder and editor-in-chief of World Net Daily, has suffered a serious stroke. Patriots around the world, please send him your prayers.

Barr says that his office is working with Special Counsel Robert Mueller to redact sensitive information which could affect ongoing matters, infringe on someone’s personal privacy or information which could compromise the DOJ’s sources and methods of investigation.

The report will be nearly 400 pages, while Barr writes that there is no plans to let the White House review it beforehand.

“Although the president would have the right to assert privilege over certain parts of the report, he has stated publicly that he intends to defer to me and, accordingly, there are no plans to submit the report to the White House for a privilege review.”

Barr also disputes the characterization that a four-page letter released on Sunday was a “summary” of Mueller’s report.

“My March 24 letter was not, and did not purport to be, an exhaustive recounting of the Special Counsel’s investigation or report,” writes Barr. “As my letter made clear, my notification to Congress and the public provided, pending release of the report, a summary of its “principal conclusions” — that is, its bottom line. The Special Counsel’s report is nearly 400 pages long (exclusive of tables and appendices) and sets forth the Special Counsel’s findings, his analysis, and the reasons for his conclusions. . . . I do not believe it would be in the public’s interest for me to attempt to summarize the full report or to release it in serial or piecemeal fashion.”

Barr then says he will be available to testify in front of Congress on May 1 and 2.

Source: InfoWars

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Washington Police Officer, a Father of Three, Killed by Illegal Alien

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As border crisis worsens, immigration bills in Congress continue to stall

Democrats responded Tuesday to the border crisis by suggesting Homeland Security Secretary Kirstjen Nielsen stop trying to deter illegal immigrants and instead quickly process those seeking asylum.

"It is obvious from your letter to Congress last week that the Trump administration still does not understand the factors driving people to seek refuge in this country and refuses to take responsibility for its failed policies that are making the situation at the border worse," leading House Democrats wrote to Nielsen Tuesday. "Instead of pushing ill-advised, ineffective proposals to detain and deport all families and unaccompanied minors, the administration needs to engage Congress on policies designed to promote safe and orderly migration flows..."

Nielsen has refused to do that. She said statistics show that up to half of illegal immigrant families never complete their applications or appear in court. By contrast, she wants Congress to toughen asylum laws and allow the Trump administration to more easily detain and remove Central American families and children.

Eliminating birthright citizenship and forcing employers to verify employees are legal U.S. residents is “on the table,” she told Tucker Carlson Tuesday night.

“The only way we fix this crisis is if Congress closes the loopholes, fixes the misguided court decisions, and gives us relief from the extraordinary pull factors that our laws and those court decisions have created,” a senior DHS official told reporters Monday in a conference call.

As the border issue keeps worsening, with the number of people illegally crossing the border climbing significantly, there has been no solution to the problem -- and the border bills in Congress keep stalling.

MOLLIE HEMINGWAY: FOCUSING ON POTENTIAL AVOCADO SHORTAGE FROM BORDER SHUTDOWN PROVES HOW 'UNSERIOUS' MEDIA IS

Lawmakers from each party see the immigration problem differently. Both parties provided Fox News this week a list of bills designed to address the problem. Republican bills focused on building a wall. Democratic bills provided illegal immigrants more protections from deportation and legal rights.

A variety of push-and-pull factors influence illegal immigration. In their letter to Nielsen, Democrats said they want the administration, "engaging in real efforts to address the crime, insecurity, and lawlessness that is causing people to leave Central America in the first place. The administration cutting foreign assistance just when these countries need it most only makes the situation worse.”

Republicans counter with evidence showing a falling murder rate in Honduras, Guatemala and El Salvador the last three years, yet illegal immigration is increasing.

"We're facing an unprecedented unmitigated crisis on the southwest border," said former chief of the Border Patrol and current acting director of Immigration and Customs Enforcement, Ron Vitiello. "There is nothing dissuading these people from bringing their people their kids to the border."

Even executives actions or legal rulings have helped address the issue.

After President Obama announced DACA, protections from deportation for children of illegal immigrants, child apprehensions soared.

Also when a federal judge in 2015 reinterpreted the Flores decision to protect not just children, but adults traveling with children, from detention longer than 20 days, families apprehended crossing illegally more than doubled.

Administration officials argue those court and executive actions help drive illegal immigration.

"I think the most important thing that has to happen is we need to close these loopholes," Vitiello said. "That'll make all of this work smaller. It'll make this problem smaller. The crisis will abate if we can close the loopholes. That's what needs to happen first.

Other “loopholes” considered critical to shutting down growing numbers of asylum seekers are internal.

A GOP-bill sponsored by House Judiciary ranking member Doug Collins, R-Ga., tightens the credible fear standard so there are fewer baseless asylum claims, thereby reducing the number of families getting released. It also allows the U.S. to deport Central American children who are not victims of trafficking, to their home countries.

"These loopholes provide perverse incentives for adults to send children on the hazardous journey across the border, often in the company of dangerous people," said Collins. "At the same time, our asylum system is not serving people fleeing persecution like it should because it is weighed down with frivolous claims."

DHS SECRETARY NIELSEN TO TRAVEL TO SOUTHERN BORDER AMID MIGRATION CRISIS

The Collins bill fixes the Flores settlement by requiring DHS to keep children and parents together while their cases are handled in immigration court. A former immigration judge says 40 to 60 days should be enough.

"Forty days is the standard for custody removal proceedings," said Art Arthur, now an analyst at the Center for Immigration Studies. "So, just more than a month is all the time that an immigration judge needs to adjudicate those cases. The Flores settlement agreement encourages parents to bring their children with them to the United States knowing that they're going to be released within 20 days if they show up with the child, and that's why we see such a large number of family units showing up at the border right now."

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U.S. officials expect March apprehensions to exceed 100,000, up to 65 percent could be unaccompanied minors and families. Yet, the U.S. only has detention beds for 3,000 families. The excess will be released with Notice to Appear in court – sometime in the future. But with a backlog of more than 830,000 cases, many will not see a judge for years. Their lives change, they get married, have children, work. As their American roots grow deeper, Arthur said they get more difficult to deport. He blames Congress for seeing the problem but doing nothing.

"Quite frankly Congress is in denial about the situation at the border. They don't even recognize that there's an emergency," he said. "What is now a crisis is going to be a disaster in just a few weeks time. Congress is going to have to act then. But they seem to be too busy doing other things to understand the human element of what's going on along the border."

Source: Fox News Politics

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Woman who shoved friend off bridge gets jail, work crew

A woman who pleaded guilty to pushing her 16-year-old friend from a bridge at a popular swimming area near Vancouver has been sentenced to two days in jail and 38 days on a county work crew.

The Columbian reports Clark County District Court Judge Darvin Zimmerman sentenced 19-year-old Tay'lor Smith Wednesday.

Prosecutors had recommended a sentence with no jail time. Smith pleaded guilty earlier this month to misdemeanor reckless endangerment.

Smith pushed Jordan Holgerson off the bridge Aug. 7 at Moulton Falls northeast of Vancouver.

Video posted on YouTube that went viral shows Holgerson being pushed.

Holgerson broke ribs and punctured her lungs in a fall of over 50 feet (15 meters). Holgerson says she's dealt with anxiety and panic attacks since the incident.

In an interview on "Good Morning America" Smith said she didn't consider the repercussions.

___

Information from: The Columbian, http://www.columbian.com

Source: Fox News National

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Hyundai Motor denies tie-up with Tencent on driverless car software

A man walks past the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang
FILE PHOTO: A man walks past the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March 28, 2019. REUTERS/Kim Hong-Ji

April 7, 2019

SEOUL (Reuters) – South Korean automaker Hyundai Motor Co on Sunday denied a report that it had signed a preliminary deal with Chinese technology firm Tencent Holdings to develop software for driverless vehicles.

Hyundai’s comments come a day after South Korea’s Maeil Business Newspaper cited unnamed industry sources on Saturday saying that the two companies planned to conduct joint research and development on safety and security systems for self-driving cars, which Hyundai seeks to roll out commercially by 2030.

Both companies had not offered any immediate comments on Saturday.

Hyundai said in a statement on Sunday that its cooperation with the Chinese tech giant was focused on infotainment. Modern cars have so-called infotainment systems on a screen below the dashboard to provide services such as navigation and music.

(Reporting by Jane Chung and Hyunjoo Jin; Editing by Jacqueline Wong)

Source: OANN

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Ex-officer who killed 911 caller describes ambush training

A former Minneapolis police officer on trial in the fatal shooting of an unarmed woman who had called 911 to report a possible sexual assault near her home testified Thursday about his training for possible ambushes, saying he learned that reacting too late "means ... you die."

Mohamed Noor refused to talk to investigators after the July 2017 shooting of Justine Ruszczyk Damond , a dual citizen of the U.S. and Australia, and his testimony was his first public statements since her death. He described the unorthodox path he took to becoming an officer — he was working as a pharmaceutical analyst before deciding to switch careers — and then detailed his 29-week cadet training in 2015.

Noor was fired from the force soon after being charged. His attorneys have said he was spooked by a noise on his squad car right before the shooting and feared an ambush.

Noor described "counter-ambush" training that included scenarios such as two officers in a squad car, doing routine tasks, and an instructor yelling "Threat!" The officers had to make a quick decision about whether to shoot, Noor said.

"Action is better than reaction," Noor said. "If you're reacting, that means it's too late ... to protect yourself ... you die."

Noor described another training exercise where he was sent to a location, heard gunshots and instead of assessing the threat, he ran toward it. An instructor shot him with a paintball gun, he said.

"So the point is if you don't do your job correctly, you'll get killed," his attorney Thomas Plunkett said.

"Yes sir," Noor answered.

The death of Damond, a 40-year-old life coach who was engaged to be married a month after her death, sparked anger and disbelief in both the U.S. and Australia, cost the city's police chief her job and contributed to the mayor's electoral defeat a few months later.

Prosecutors have questioned the supposed noise, presumably from Damond slapping the car as she approached, by noting that investigators didn't find forensic evidence of Damond's fingerprints on the car. They also questioned the timing of partner Matthew Harrity's first mention of the thump — not the night of the shooting, but a few days later, as he was being interviewed by state investigators.

Neither officer had their body cameras running when Damond was shot, something Harrity blamed on what he called a vague policy that didn't require it. The department toughened the policy after Damond's death to require that they be turned on when responding to a call.

Damond was white. Noor, 33, is a Somali American whose hiring two years before the shooting was celebrated by Minneapolis leaders as a sign of a diversifying police force in a city with a large population of Somali immigrants.

Noor testified about immigrating from Somalia to the U.S., where he became a citizen in 1999. He lived first in Chicago, then moved to Minneapolis, where he said he fell in love with the city.

"I always wanted to serve," he said.

___

Follow Amy Forliti on Twitter: http://www.twitter.com/amyforliti

___

Check out the AP's complete coverage of Mohamed Noor's trial: https://apnews.com/MohamedNoortrial

Source: Fox News National

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Hogan Gidley on Nadler’s push for unredacted Mueller report: ‘This is just more political grandstanding’

Deputy White House Press Secretary Hogan Gidley said Friday House Judiciary Committee Chairman Jerry Nadler’s push for Special Counsel Robert Mueller’s “complete and unredacted” Russia report is “just more political grandstanding.”

Gidley made the comments on “America’s Newsroom” when he was asked if the White House has a problem giving Nadler the full, unredacted report.

Nadler, D-N.Y., issued a subpoena Friday to obtain the "complete and unredacted" version of Mueller's report, as well as the underlying materials.

“I’m shocked,” Gidley said sarcastically.

HOUSE JUDICIARY COMMITTEE ISSUES SUBPOENA FOR 'COMPLETE AND UNREDACTED' MUELLER REPORT

He added, “Jerry Nadler is irrelevant in the situation. The American people now know that regardless of what the Democrats were saying about the president, lies they were telling with zero evidence and zero proof, now he wants to go deeper. When does this ever stop? I mean, if we gave him the unredacted report, if we gave him all the tax returns unredacted as well, he would still want something else.”

Gidley was then asked again if he would have a problem releasing the full report.

“We are not going to deal with Jerry Nadler in that matter. We have already cooperated so much with the House Democrats and we’ll continue to do so,” Gidley said in response. “But the fact is, this is just more political grandstanding by someone who has nothing to run on, nothing to talk about, other than trying to attack a man who has now been proven completely innocent of any crime.”

After two years of suspense, Mueller’s report was released into Washington’s partisan scrum Thursday showing investigators did not find evidence of collusion between the 2016 Trump campaign and Russia – as Attorney General Bill Barr declared last month – but also revealing an array of controversial actions by the president that were examined as part of the investigation’s obstruction inquiry.

Mueller ultimately did not reach a conclusion on whether the president's conduct amounted to obstruction, stating: "[W]hile this report does not conclude that the President committed a crime, it also does not exonerate him."

On Friday, Gidley also reacted to Rep. Adam Schiff’s, D-Calif., recent claim that "significant evidence of collusion" existed.

BIDEN EXPECTED TO DECLARE 2020 BID ON WEDNESDAY: SOURCES

“Yesterday he was on another network and they asked him about moving to impeach the president and he sided with Nancy Pelosi. She said it wouldn't be worthwhile, quote unquote, to do that, but he said the reason we won’t is because we need overwhelming and demonstrable evidence against this president. Wait a minute. You've been on network television telling everyone you had this evidence,” said Gidley.

“Just like the special counsel, it's time to put up or shut up. If you have the evidence, show it. The problem is, he doesn't, he knows it. He's been lying to the American people. He's been lying to all of us, accusing this president of treason for two and a half years.”

When asked if he welcomes Joe Biden into the 2020 race, Gidley answered, “Absolutely.”

He added, “The president is going to beat anyone and everyone who comes into this race.”

Joe Biden is expected to declare his candidacy for president next week, two sources with knowledge of the former vice president’s plans confirmed to Fox News on Friday.

Source: Fox News Politics

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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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