Today's top business headlines with ChristineRomans before the opening bell on Wall Street
London 1. US-China trade: Stock markets across Asia slumped again on Wednesday, as investors get increasingly nervous about the risk of a new US-China trade showdown.
Japan's Nikkei Index dropped for the second straight day, shedding around 1.5%, while Hong Kong's Hang Seng Index and the Shanghai Composite Index both closed more than 1% lower.Chinese stocks have now fallen around 6% so far this week.Wednesday's slide comes on the eve of trade talks in Washington between China and the United States, which have been overshadowed by the Trump administration's renewed threat to hike tariffs.
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Cramer Remix: China needs us more than we need ChinaJim Cramer explains how the United States has the upper hand in trade negotiations with our stronger, cash fueled economy.
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US Navy destroyers sail near disputed islands claimed by China in South China SeaTwo U.S. guided missile destroyers sailed near disputed islands claimed by China in the South China Sea on Monday, the U.S. Navy says in a statement.
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U.S.-China talks show progress on cloud computing: U.S. Chamber officialAmerican negotiators locked in trade talks with China are likely to win more acc...
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US Treasury yields tick lower as investors digest new US tariffs on ChinaU.S. government debt prices were higher on Monday morning, as investors digested news that the White House will impose higher tariffs on Chinese goods.
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US futures point to triple-digit losses as trade tensions remain in focusU.S. stock index futures were lower on Tuesday morning, as market participants continued to monitor trade relations between the U.S. and China.
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Strike by Uber and Lyft drivers Wednesday has potential to disrupt travel for thousandsThe work stoppage could mean longer waits for service and surge pricing — if you can hail a ride at all.
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A lookback at the US-China trade warAs Beijing and Washington head for another - and probably final - round of trade talks, here’s a recap of what has already happened.
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A US-China trade deal is 'possible' by next Friday, sources sayThe Federal Reserve did, however, make a slight cut to the interest rate paid on excess reserves that banks keep at the Fed.
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U.S., China Conclude Productive Trade Talks, but Sticking Points RemainNegotiators made headway on thorny issues in the U.S.-China trade dispute, including access to key markets and how to roll back punitive tariffs, though Chinese subsidies and other sticking points remain.
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