US stocks rally on Huawei reprieve as pound gyrates on Brexit news
The pound swung around on the latest Brexit drama (AFP Photo/Justin TALLIS)/ Global stocks rallied Tuesday as the United States took a step away from imposing crushing restrictions on Chinese telecom company Huawei, while the pound gyrated on fresh Brexit drama. Wall Street stocks gained ground following two straight losing sessions, with tech companies leading after the US Commerce Department announced it would delay implementation of a ban on Huawei for 90 days to allow companies to adjust their operations and avoid sudden disruption. ...
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