MARKET NEWS UPDATE;
U.S. stocks began the week higher, shrugging off declines in Asia, where investors have been weighed down by trade tensions. The S&P 500 ended its 4-day slide.
Shares in Asia were rattled by President Donald Trump’s threat to step up his trade showdown with China. And emerging-market shares continued their slide, with the selloff hitting the Indian rupee.
Elsewhere:
– The British pound jumped after negotiators said a Brexit deal could come in the next 6-8 weeks.
– U.S. oil saw its biggest rise in more than a week
– Gold fell, along with most metals
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