NewsWatch: Trade tariffs mean companies will spend less on growing their business in 2019, says Fitch


The tit-for-tat trade tariffs being imposed by the U.S. and China governments and European Union are likely to dampen capital spending by U.S. companies in 2018 and lead to a decline in spending in 2019 that may mark an inflection point in the late-stage business cycle. See full story.

Dow threatens to snap 5-day win streak

U.S. stocks are falling in early trading on Thursday, as major indexes consolidated their gains after a five-day rally that was driven largely by optimism over the strength of corporate earnings. See full story.

Amazon denies it will challenge Cisco with switch sales

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