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Dow futures rise 200 points as China trade truce fuels fresh optimism
- Is trade war with China ‘on hold’? Mnuchin says yes, but Trump official disagrees
- ‘Sense of relief in equity markets is palpable’ — analysts assess U.S.-China trade truce
- How Trump’s trade stance is just boomeranging back to hurt the U.S.
- Here’s what is next for Nafta as U.S., Canada and Mexico fail to strike deal
- Why the U.S. probably won’t succeed in halving its trade deficit with China
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Need to Know
![European stocks head for almost 4-month high, but Italy dents gain]()
GE nears $20 billion deal to sell transportation unit to Wabtec: report
General Electric Co. is close to a deal to sell its transportation business, which makes locomotives, to railroad equipment-maker Wabtec Corp. , Reuters reported Sunday. The deal, which may be announced later this week, could be valued at more than $20 billion, Reuters reported. New GE Chief Executive John Flannery has been looking to cut costs, and the deal would be the biggest since he took over last August. Shares of GE, which is a Dow Jones Industrial Average component, are down 14% year to date, and down 47% over the past year, compared to the Dow's 0.2% loss this year and 19% gain over the past 12 months. Wabtec shares are up 17% this year and up 16% in the past year.
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Personal finance
![Prince Harry is no reckless royal when it comes to money]()
Prince Harry is no reckless royal when it comes to money
New biography reveals that newly-wed prince has a down-to-earth attitude toward money.
![Meet the financial adviser who tells pro video gamers how to spend their $250K incomes]()
Meet the financial adviser who tells pro video gamers how to spend their $250K incomes
Professional gamers are like professional athletes, making money from endorsements and winnings.
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Inside Marketwatch
Giuliani claims Mueller plans to end Trump obstruction probe by September
President Donald Trump’s lawyer Rudy Giuliani said special counsel Robert Mueller’s Russia probe into obstruction of justice by the president will wrap up by Sept. 1 because allowing it to continue longer could improperly influence the mid-term elections in November, according to a report on Sunday.
