Trump says stock-rallying reports of lifting Chinese trade ‘sanctions’ were premature

President Trump in comments Saturday said stock-rallying reports this week that trade talks with China would include the lifting of tariffs against the world’s second-largest economy weren’t true.

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BlackRock accidentally exposes confidential data on advisers using popular iShares ETFs: Bloomberg

BlackRock Inc. , the world’s largest asset manager, inadvertently posted confidential information about thousands of financial adviser clients on its site, Bloomberg News reported late Friday, citing a glimpse of the released data before it was removed by the investment firm. The data were linked on one of the company’s web pages dedicated to its iShares exchange-traded funds. The documents included names and email addresses of financial advisers who buy BlackRock’s ETFs on behalf of customers and appeared to show the assets under management each adviser had in the firm’s iShares ETFs, Bloomberg reported. The links were dated Dec. 5, 2018, but it’s unclear how long they were public. BlackRock oversees assets of almost $6 trillion and is the world’s largest issuer of ETFs.

source: marketwatch.com

Trump to make ‘major announcement’ concerning border, shutdown Saturday

President Donald Trump plans to make a “major announcement” concerning the border with Mexico and the government shutdown on Saturday, according to his Twitter feed late Friday. In a tweet, Trump said he would make the announcement at 3 p.m. Eastern time on Saturday, which will mark the 29th day of the partial government shutdown, the longest on record. Trump is locked in a stalemate with House Speaker Nancy Pelosi over funding for his proposed wall on the U.S.-Mexico border

source: MarketWatch.com – MarketPulse

FedEx starts offering buyouts, says costs between $450 million to $575 million

FedEx Corp. began offering buyouts to U.S. employees on Friday, saying in a filing it expects the program to cost between $450 million and $575 million before taxes.

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Dow logs 300-point gain as stocks string together four-day winning streak

U.S. stocks ended the week strong on Friday, booking a four-day streak of gains, after reports that Washington and Beijing were debating concessions to help secure an eventual resolution to the ongoing U.S.-China trade dispute.

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2nd summit between Trump, North Korea’s Kim Jong Un to happen in February

President Donald Trump and North Korean leader Kim Jong Un are expected to hold a second summit “near the end of February,” the White House said in a statement Friday.

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U.S. oil prices finish higher, lift weekly gain to more than 4%

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of more than 4% as optimism surrounding progress toward a resolution of the U.S.-China trade dispute eased worries about energy demand. Data from Baker Hughes Friday also revealed a drop in the U.S. oil-rig count for this week, the largest such decline in nearly three years.

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Cryptocurrencies continue to tumble

Another negative session was seen in the crypto market over the past 24 hours, as 9 of the top 10 cryptos tumbled, 7 of which registering double-digit losses. At the time of writing, Bitcoin was down nearly 7%, trading above the $3,600 mark. Of the top 5 cryptos, EOS registered the largest losses, down by more than 13%.