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Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
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On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Gene Peroni, chief investment officer of Peroni Portfolio Advisors, tells CNBC's "Power Lunch" on Friday he does not see this as a top.
"There could be a pullback, but the market is preparing for another leg up," Peroni said. He believes we could see 19,000 or 20,000 for the Dow this year.
Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds, likes the breadth of this rally, but doesn't think the move up will be in a straight line.
"There are challenges with round numbers, though. If we get to [S&P] 2,200, I expect we could experience a mild pullback. That's why I'd rather overweight Europe and emerging markets where they have more headroom," Jacobsen said.
The Dow, Nasdaq and S&P 500 are down during trading.