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“We’ll get a clearer sense as we move through the week,” Sroka added. “As we move into other sectors we’ll get a clearer picture of corporate earnings and the economy.”. Bank of America Co, Morgan Stanley, Netflix Inc, Johnson & Johnson, Textron Inc, Honeywell International Inc, Schlumberger NV and American Express Co are among the closely-watched earnings expected this holiday-shortened week. Aside from earnings, “we still have to be watchful for global geopolitical events such as the U.S.-China trade discussion,” warned Sam Stovall, chief investment strategist of CFRA Research in New York.

Sources said U.S, negotiators have softened their demands that China curb industrial subsidies as a condition for a trade deal, marking a retreat from a core U.S, objective, “It’s a net positive,” Stovall said, “The president wants to get some sort of deal signed florida gulf coast university cufflinks so he can move on.”, The Dow Jones Industrial Average fell 27.53 points, or 0.1%, to 26,384.77, the S&P 500 lost 1.83 points, or 0.06%, to 2,905.58 and the Nasdaq Composite dropped 8.15 points, or 0.1%, to 7,976.01..

Of the 11 major sectors in the S&P 500, six ended the session in the red. Financials were the biggest percentage losers, closing down 0.6% and snapping their three-day winning streak. Waste Management Inc rose 2.4% following its announcement that it would buy smaller rival Advanced Disposal Services Inc for about $3 billion. Boeing Co slid 1.1% after U.S. President Donald Trump tweeted that the planemaker should fix and “rebrand” its 737 MAX jet. Lyft Inc extended its slide, falling 6.3%. The ride-hailing platform, which had its market debut in March, is now trading about 22% below its $72 offer price.

BRUSSELS florida gulf coast university cufflinks (Reuters) - The European Union is ready to start talks on a trade agreement with the United States and aims to conclude a deal before year-end, European Trade Commissioner Cecilia Malmstrom said on Monday, The EU approved two areas for negotiation, opposed by France with an abstention from Belgium, But agriculture was not included, leaving the 28-country bloc at odds with Washington, which has insisted on including farm products in the talks, The EU vote allows the Commission to start two sets of negotiations - one to cut tariffs on industrial goods, the other to make it easier for companies to show products meet EU or U.S, standards..

Malmstrom said she would now reach out to U.S. Trade Representative Robert Lighthizer to see when talks could begin. “We are ready as soon as they are,” Malmstrom told a news conference. A spokeswoman for Lighthizer declined to comment. But U.S. Senator Chuck Grassley, chairman of the tax and trade-focused Senate Finance Committee, said a U.S.-EU trade deal that excluded agriculture would be “unlikely” to win approval in the U.S. Congress because so many lawmakers want farm access to Europe.

“Elimination of industrial tariffs and non-tariff barriers only get us part florida gulf coast university cufflinks of the way there, especially when we face major barriers to agricultural trade in the EU,” Grassley, himself an Iowa farmer, said in a statement, “Agriculture is a significant piece of the global economy and it simply doesn’t make sense to leave it out.”, The European Commission has said it is willing to discuss cars as part of the industrial goods talks, but not agriculture, “Agriculture will certainly not be part of these negotiations, This is a red line for Europe,” Malmstrom said..

She added Brussels would strive to agree what amounted to a limited deal before the Commission’s term ends on Oct. 31. “If we agree to start, I think it can go quite quickly.”. Malmstrom stressed that the potential tariffs deal was far less ambitious than the previous “TTIP” negotiations, which stalled after three years and have now been rendered obsolete. The two sides are each other’s largest trading partners. Flows between the two represent 30 percent of global trade.

A Commission survey estimates an agreement on industrial tariffs would increase EU exports to the United States by 8 percent and U.S, products bound for Europe by 9 percent, Hanging over the talks is U.S, President Donald Trump’s threat to impose tariffs on cars and auto parts of around 25 percent on national security grounds, Trump last July agreed with European Commission President Jean-Claude Juncker not to impose tariffs on EU-produced cars and parts as long florida gulf coast university cufflinks as the two sides negotiated on trade, including removal of tariffs on “non-auto industrial goods.”..



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