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“Our general view on the trade issue is that thus far it has not been economically significant,” Mona Mahajan, U.S. investment strategist at Allianz Global Investors in New York. Some market participants hope China comes to the table and negotiates a deal, Mahajan said, referring to the bullish sentiment that lifted the week’s rally in equities. “The other reasoning behind this could also be the market is thinking ultimately China will have to improve its trade practices, particularly on the intellectual property rights and technology transfers,” she said. “If that becomes more fair now, the U.S. will certainly be a beneficiary,” she added.

The MSCI index tracking shares in 47 countries rose 0.87 percent to a three-week high, supported by gains in Europe and Asia, The pan-European FTSEurofirst 300 index of leading regional shares closed up 0.74 percent, as investors focused on bullish macroeconomic and corporate news, The blue-chip EURO STOXX 50 closed up 1.03 percent, U.S, consumer confidence and small business optimism remain near post-crisis highs, while there is still further positive impact from earnings and U.S, tax reform and two more quarters of corporate repatriation of profits versace cufflinks replica held abroad, Mahajan said..

Tech stocks led all three major U.S. indexes higher in a broad-based rally on Wall Street. [.N]. The Dow Jones Industrial Average rose 251.22 points, or 0.95 percent, to 26,656.98. The S&P 500 gained 22.8 points, or 0.78 percent, to 2,930.75 and the Nasdaq Composite added 78.19 points, or 0.98 percent, to 8,028.23. Upbeat U.S. economic data pushed debt yields a little higher, but that was short-lived as investors remained focused on the U.S.-Chinese trade conflict. Some analysts were concerned China would resort to other non-trade measures to fight back against the United States.

“We have been moving higher in yields ever since the last jobs report showed higher wages and now with versace cufflinks replica the increased tension between the U.S, and China, there are some concerns that the Chinese would back away from owning Treasuries,” said Lou Brien, market strategist at DRW Trading in Chicago, The dollar index, tracking it against six major currencies, fell 0.7 percent, with the euro up 0.92 percent to $1.1779, The Japanese yen weakened 0.12 percent versus the greenback at 112.41 per dollar..

The dollar had benefited from growing trade-related tensions in recent months, as investors bet it would gain at the expense of riskier currencies. Some market participants believe the dollar’s current weakness might be fleeting as the Federal Reserve next week is widely expected to raise benchmark borrowing costs and shed more light on its future rate path. Benchmark 10-year U.S. Treasury notes last rose 4/32 in price to yield 3.0682 percent. Oil prices eased, slowing an upward surge that had pushed the market toward four-year highs, after U.S. President Donald Trump called on the Organization of Petroleum Exporting Countries to “get prices down now.”.

SEATTLE (Reuters) - versace cufflinks replica Amazon.com Inc (AMZN.O) on Thursday introduced a dozen new Echo speakers and related gadgets in a bid to stay ahead of rivals Apple Inc (AAPL.O) and Alphabet Inc’s Google (GOOGL.O) in the nascent category for voice-controlled devices, The flurry of new products shows how the world’s largest online retailer is working to make ubiquitous its voice-controlled assistant Alexa, which powers the Echo devices, It wants Alexa to be a dominant computing platform like Microsoft Corp’s (MSFT.O) Windows..

Amazon, at an event in Seattle, announced updated versions of its Echo Show, Echo Dot and Echo Plus, as well as new devices such as a voice-controlled microwave and wall clock. The new Echo Auto is designed to sit on a car’s dashboard and give directions or play music, while plugged into a car’s power outlet. Shares of smart speaker company Sonos Inc (SONO.O) closed down 3.1 percent after Amazon announced a wireless Echo subwoofer and the $299.99 Echo Link Amp to control a home stereo system. By contrast, shares of U.S. security and alarm company ADT Inc (ADT.N) rose 6.6 percent after Amazon said its new Alexa Guard service could notify ADT professionals to disturbances in the home.

The new products underscore a strategic difference from Google and Apple, which so far have released fewer devices while Amazon has released many different gadgets for different purposes, “One or more of these products is likely to resonate, but (it’s) impossible to speculate today,” Michael Pachter, an analyst at Wedbush Securities, said, Research firm eMarketer has estimated that 40.7 million people in the United States will use Echo devices this year, up more than 31 percent from 2017, Some versace cufflinks replica two-thirds of U.S, smart speaker users will have an Echo this year, versus 30 percent who will have the rival Google Home, which includes some overlapping customers..



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