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After Dow tops 28,000, the next 1,000 points will be determined by trade talks

After Dow tops 28,000, the next 1,000 points will be determined by trade talks

Finance
Traders work on the floor at the New York Stock Exchange.Brendan McDermid | ReutersStocks bounced on trade headlines on Friday, but the market could stall out in the week ahead if there is no real progress toward a deal.Stocks ended the week at record highs, but Treasury yields unwound half the big move of the prior week, as doubts surfaced about a trade pact getting completed.The Dow soared above 28,000 for the first time, ending the week at 28,004, with a gain of 1.2% for the week. The S&P 500 ended the week up 0.9% at 3,120.In the coming week, there is a last blast of earnings, from a few big retailers including Home Depot, Macy's and Target. Walmart in the past week raised its outlook and said consumers looked healthy going into the holiday season.There are some economic releases, ...
Disney boss Bob Iger talks Star Wars, Marvel and Martin Scorsese

Disney boss Bob Iger talks Star Wars, Marvel and Martin Scorsese

Entertainment
He's arguably the most powerful man in Hollywood - the boss of The Avengers, The Lion King, Star Wars and Toy Story, not to mention Mickey Mouse.Since becoming chief executive of The Walt Disney Company in 2005, Bob Iger has masterminded the Mouse House's growth into an entertainment empire with the takeovers of Pixar, Marvel, Lucasfilm and 21st Century Fox.The studio's films have taken $ 8.3bn (£6.4bn) at box offices worldwide so far this year, and account for about $ 4 in every $ 10 spent at North American cinemas.Following the publication of his memoir, titled The Ride of a Lifetime (Disney does theme parks too), he gave his only UK interview to BBC media editor Amol Rajan.Here are five key things he said, including why "less
Ole Gunnar Solskjaer press conference: Manchester United boss responds to Roy Keane’s ‘go get Kane’ comments, talks Paul Pogba fitness and Partizan Belgrade

Ole Gunnar Solskjaer press conference: Manchester United boss responds to Roy Keane’s ‘go get Kane’ comments, talks Paul Pogba fitness and Partizan Belgrade

Sports
Ole Gunnar Solskjaer has responded to former Manchester United team-mate Roy Keane’s calls for the Red Devils to sign Tottenham hotshot Harry Kane.Scoring goals has been slightly hard to come by for United this season having found the net just ten times in their opening nine Premier League matches in 2019/20. AFP or licensors Keane wants United to sign England and Spurs star Kane Their only recognised senior strikers are Anthony Martial, 23, and Marcus Rashford, 21. Rashford got on the scoresheet during his side’s draw to Liverpool at the weekend but Keane believes United are still lacking up top and urged Solskjaer and the club’s hierarchy to ‘go and get Kane.’ On Keane’s demands, Solskjaer said: “Roy’s quite straightforward isn’t he? “For us it’s [about]
US postpones next tariff hike after China trade talks

US postpones next tariff hike after China trade talks

Business
The US has agreed to suspend its next tariff hike on Chinese imports after two days of trade talks in Washington. US President Donald Trump said negotiators had reached a "phase one deal" that would include increased agricultural purchases and address financial services and technology theft.China's top negotiator Liu He also said he was "happy" with the progress.The US was due to raise tariffs on some Chinese goods to 30% next week.US share markets, which had risen on reports of a deal, closed higher, but shed some gains in the final minutes of trade as it became clear any agreement was relatively limited.'A deal, pretty much'"We've come to a deal, pretty much, subject to getting it written," Mr Trump said, adding that negotiator...
Pound surges as UK-Irish talks reveal ‘pathway’ to Brexit deal

Pound surges as UK-Irish talks reveal ‘pathway’ to Brexit deal

Business
The pound has risen sharply after Britain and Ireland issued a joint statement saying they "could see a pathway" to a possible Brexit deal.Sterling spiked by more than two and a half cents against the US dollar to just under $ 1.25 and was on course for its largest one-day percentage gain in seven months. The UK currency also surged by two cents versus the euro to €1.13.It came after Irish Prime Minister Leo Varadkar said following talks with Boris Johnson that he was "now absolutely convinced" that Britain wanted a Brexit deal and that it was possible to achieve one by the end of October.The pound has been gripped by the twists and turns of the Brexit saga, with fears of a no-deal dragging on the currency as the deadline for the UK to leave at the end of this month nears - and any signs o