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Outsourced headlines: Biden hopes Trump will reconsider tariffs on Canada and Mexico; Canadian antitrust institutions sue Google; Germany plans to provide €2 billion in subsidies to the chip industry.
Global financial media headlines that were collectively focused on last night and this morning primarily included: Biden expressed hope for Trump to reconsider tariffs on Mexico and Canada. US President Biden stated on Thursday that he hopes President-elect Trump will reconsider his plans to impose tariffs on Mexico and Canada, stating this could "mess up" relations with close allies. "I hope he reconsiders. I think that would backfire," he said in Nantucket, "Our situation in the USA is unusual, we are surrounded by the Pacific, the Atlantic, and two allied countries: Mexico and Canada. The last thing we need to do is to start damaging this."
Biden expressed hope that Trump would reconsider the issue of imposing tariffs on Mexico and Canada.
USA President Biden said on Thursday that he hopes President-elect Trump will reconsider his plans to impose tariffs on Mexico and Canada, saying it could "screw up" relationships with close allies. "I hope he reconsiders. I think it would backfire," he said in Nantucket, "Our situation in the USA is unusual, we are surrounded by the pacific, atlantic, and two allied countries: Mexico and Canada. The last thing we need to do is start undermining these relationships." Trump said on Monday that he will impose tariffs on Canada and Mexico until they stop drugs and cross-border immigration, which seems to violate the USA-Mexico
Overnight news: US stocks closed higher, Dow hit a new high, escalation of Russia-Ukraine conflict boosted oil prices, Tesla is preparing for the Cybertruck to enter the China market
For more global financial news, please visit the 7×24 hours real-time financial news market close: The Dow Jones closed over 400 points higher, setting a new historical high. All three major indices recorded gains this week. On November 22, the top 20 transactions in the US stock market: It is reported that Tesla is preparing for the Cybertruck's entry into the china market. On Friday, china concept stocks showed mixed results, with WeRide rising 9.2% and pdd holdings falling 3.9%. The crude oil in the usa rose 6.5% this week, while the escalation of the Russia-Ukraine conflict pushed oil prices higher. Spot gold rose 5.7% in five days, regaining the $2,700 mark. European stocks all closed higher, with Germany's DAX 30 index up 0.84%. Macro.
The Texas Pacific Land Company will become a component of the s&p 500 index.
On Friday morning, the stock price of Texas Pacific Land (TPL) surged, after the previous day the S&P dow jones industrial average indicated that this real estate operation company would replace Marathon oil (MRO) in the S&P 500 index. Texas Pacific Land was established in 1888, formerly known as Texas Pacific Land Trust, headquartered in Dallas, usa, with 99 full-time employees. It is an investment trust company that owns large tracts of land in Texas.
Former Pimco and Millennium management executives launch cryptos consulting business.
Former executives of Millennium Management and Pimco are now engaged in consulting business in the digital assets field, just as the industry is cheering for Trump's re-election as the President of the USA to support cryptos. Benoit Bosc and Michael Bressler resigned in October and August last year, respectively, to establish x2B, a digital assets consulting company. Bosc was a portfolio manager at Millennium Management, while Bressler resigned recently.
Pacific Securities' Q3 Profit Jumps 65%
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