NEW YORK (AP) - The U.S. stock market bounced back after pressure eased on Wall Street from the bond market. The S&P 500 climbed 1.1% Wednesday. The Dow Jones added 1.3%, and the Nasdaq composite rallied 1.5%. The yield on the 10-year Treasury fell back below 4.60% as the price of Brent crude oil dropped 5.6%.
BEIJING (AP) – Chinese leader Xi Jinping and Russian President Vladimir Putin hailed their strategic ties and growing energy trade as they met in Beijing Wednesday only days after a visit by U.S. President Donald Trump to China. Putin and Xi oversaw the signing of more than 40 cooperation agreements.
LONDON (AP) – The U.K. government has delayed some new sanctions on Russian oil in an effort to shelter Britons from the cost-of-living squeeze triggered by the effective closure of the Strait of Hormuz in the Iran war. A trade license that came into effect Wednesday permits the import of Russian oil that has been refined into jet fuel and diesel in third countries such as India and Turkey.
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WASHINGTON (AP) – Republicans are unhappier with President Donald Trump’s handling of the economy than they were a few months ago, but they’re largely continuing to stand behind him as the war with Iran continues, a new AP-NORC poll finds.
NEW YORK (AP) – The world’s richest man announced plans Wednesday for one biggest sales of stock to the public ever for a space company currently losing billions of dollars year.
BEIRUT (AP) – Israeli airstrikes on southern Lebanon on Tuesday killed at least 19 people, including four women and three children, Lebanon’s Health Ministry said, the latest in near-daily attacks from both sides that have not stopped despite the fragile, U.S.-brokered ceasefire in the Israel-Hezbollah war.
GENEVA (AP) – The body overseeing the U.S.-brokered ceasefire in Gaza will ask the United Nations Security Council to press the Hamas militant group to disarm, according to a report seen by The Associated Press on Tuesday.
DUBAI, United Arab Emirates (AP) – The United Arab Emirates for decades has advertised itself as a haven for international business in a Middle East awash in violent upheaval. Those waves have now crashed into this nation, testing its economic model like never before.