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POPULAR NEWS
Hong Kong Stocks Close Flat, Ending Tough Week (Review)

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Trade Hopes Propel Wall Street to Records; Healthcare Climbs

Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies. The Dow Jones Industrial Average rose 221.71 points, or 0.8%, to 28,003.67, the S&P 500 gained 23.72 points, or 0.77%, to 3,120.35 and the Nasdaq Composite added 61.81 points, or 0.73%, to 8,540.83. Source : Reuters

Oil gains 1.7%, shrugging off rising supply concerns

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Benchmark Brent crude gained $1.03, or 1.7%, to settle at $63.31 a barrel, while West Texas Intermediate crude rose 95 cents, or 1.7%, to settle at $57.72 a barrel. Brent and WTI both posted their second straight weekly gain. U.S. Commerce Secretary Wilbur Ross said in an interview on Fox Business Network on Friday...

Democrats See Encouraging Signs for 2020 in Tuesday's Elections
Friday, 8 November 2019 18:24 WIB | GLOBAL |Global

U.S. Democrats are celebrating election victories in the states of Virginia and Kentucky that could point to trouble for Republican President Donald Trump and his bid for re-election next year.

Thanks to support from suburban voters, Democrats took control of both chambers of the state legislature in Virginia, a boon to the state's Democratic Governor Ralph Northam.

"Because I am here to officially declare today, November the 5th, 2019, that Virginia is officially blue (Democratic). Congratulations!" Northam told the crowd on election night.

Democrat Andy Beshear declared victory in the governor's race in Kentucky over incumbent Republican Matt Bevin. Beshear said he won with a focus on local issues, perhaps a lesson for Democrats nationwide.

"My message would be that this race is not about who is in the White House.  It is about what is going on in your house," he said.

Bevin, perhaps the least popular state governor in the country, has yet to concede but had hoped a last-minute push from Trump would carry him to victory.

"Kentucky is leading the way and we support the president of the United States, Donald J. Trump!" he said.

Trump had better luck in conservative Mississippi, where he rallied support for the winning gubernatorial candidate, Republican Tate Reeves.

"The national liberals believe that if they can come to Mississippi and win this election, that it will hurt Donald Trump in 2020," Reeves said.

National Democrats were encouraged by the latest results including party Chairman Tom Perez.

"Yesterday's victory was a victory for all Democrats and, I think, it was a victory for our Democratic values," Perez said, " and I cannot say enough about all the great partners in the ecosystem."

Republican support among suburban voters was down in this latest round of voting and polls also show the president is losing ground with independent voters as he looks ahead to next year's election.

Trump remains intensely focused on his political base, says Susan Page of USA Today newspaper.

"Maybe the biggest surprise of the Trump presidency, and I say that recognizing there have been all kinds of surprises, is that he has not from the day of his inauguration tried to expand his support.  He has focused almost exclusively on fortifying the support of his core backers," Page said.

Trump trails his main Democratic rivals in some new national polls but does better in surveys of key battleground states that he narrowly won in 2016.

Source : VOA

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POPULAR NEWS
Hong Kong Stocks Close Flat, Ending Tough Week (Review)

Hong Kong shares finished barely moved Friday, bringing an end to a tumultuous week that has seen the city crippled by violent protests, which show no sign of abating. The Hang Seng Index inched up 2.97 points to 26,326.66. The benchmark Shanghai Composite Index lost 0.64 percent, or 18.53 points, to 2,891.34 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 1.13 percent, or 18.43 points, to 1,605.70. Source : AFP

Trade Hopes Propel Wall Street to Records; Healthcare Climbs

Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies. The Dow Jones Industrial Average rose 221.71 points, or 0.8%, to 28,003.67, the S&P 500 gained 23.72 points, or 0.77%, to 3,120.35 and the Nasdaq Composite added 61.81 points, or 0.73%, to 8,540.83. Source : Reuters

Oil gains 1.7%, shrugging off rising supply concerns

Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade deal, but worries about increasing crude supplies capped prices. Benchmark Brent crude gained $1.03, or 1.7%, to settle at $63.31 a barrel, while West Texas Intermediate crude rose 95 cents, or 1.7%, to settle at $57.72 a barrel. Brent and WTI both posted their second straight weekly gain. U.S. Commerce Secretary Wilbur Ross said in an interview on Fox Business Network on Friday...

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