U.S. stock index futures treaded water on Wednesday, as investors took a cautiou...
FILE PHOTO: Traders work on the floor of the New York Stock Exchange in New York, U.S., March 7, 2019. REUTERS/Brendan McDermid/File Photo
British lawmakers crushed Prime Minister Theresa May’s European Union divorce deal on Tuesday, forcing parliament to decide within days whether to back a no-deal Brexit or seek a last-minute delay. The S&P 500 and Nasdaq rose on Tuesday after tame inflation data underscored the Federal Reserve’s dovish stance on rate hikes, but the Dow ended down as Boeing Co’s shares sank for a second day after one of its planes crashed in Ethiopia.
On the trade front, U.S. Trade Representative Robert Lighthizer said the United States and China may be in the final weeks of discussions to hammer out a deal to ease their tit-for-tat tariffs dispute.
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