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Dow Futures, Nike, Wawa, USMCA and ‘Star Wars’ – 5 Things You Must Know Friday – Stock Market – Business News, Market Data, Stock Analysis

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1. — Stock Futures Turn Higher as Wall Street Aims for More Records

U.S. stock futures turned higher Friday, following the all-time Wall Street highs that were set in the previous session after Treasury Secretary Steven Mnuchin said the U.S. and China would sign their “phase one” trade agreement in early January.

Also Thursday the House of Representatives overwhelmingly approved a bill that puts in place terms of the United States-Mexico-Canada Agreement.

“We are going to get an excess 50 basis points of additional growth in GDP as a result of this (USMCA). People who said this is just the NAFTA 2.0 just don’t understand the
technicality of this agreement,” Mnuchin told CNBC.

Source: on 2019-12-20 05:18:45

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