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Slide in banks, energy firms weighs on US stock indexes

Stocks drifted mostly lower in late-afternoon trading on Wall Street Thursday, on track to add to the market’s modest losses a day earlier. A slide in banks and energy companies offset solid gains for the technology sector. Homebuilders also declined following new data showing sales of new U.S. homes slumped in July. KEEPING SCORE: The … Continue reading Slide in banks, energy firms weighs on US stock indexes

WASHINGTON | Mnuchin expresses optimism trade standoffs can be resolved

WASHINGTON | April 22, 2018 (AP)(STL.News) The International Monetary Fund and the World Bank repeatedly warned at their meetings this week that intensifying trade tensions could jeopardize a healthy global economic expansion. But U.S. Treasury Secretary Steven Mnuchin expressed cautious optimism Saturday that countries could settle their differences without a trade war. Mnuchin met during … Continue reading WASHINGTON | Mnuchin expresses optimism trade standoffs can be resolved