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Oil prices fell on Tuesday on concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world's top two oil consumers, even as President Donald Trump said he expected to reach a trade deal.
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European shares closed higher on Monday, as initial concerns over the stability of the U.S. banking sector eased, while fresh comments from U.S. President Donald Trump helped calm trade tensions, encouraging investors to move toward riskier assets.
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U.S. stocks jumped on Monday with finance and technology shares providing much of the upside muscle, as upbeat quarterly earnings results revived risk appetite and investors grew less fearful about regional bank credit quality.
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