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The Dow is now down more than 10 percent from its Oct. 3 high, putting each of the three major U.S. indexes in correction territory. The growth worries overshadowed the latest signs of a thaw in the U.S.-China trade battle, as Beijing said it will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts starting Jan. 1, 2019. The Dow Jones Industrial Average fell 496.87 points, or 2.02 percent, to 24,100.51, the S&P 500 lost 50.59 points, or 1.91 percent, to 2,599.95 and the Nasdaq Composite dropped 159.67 points, or 2.26 percent, to 6,910.67.

Growth concerns sent European stock markets lower to close out the week, The pan-European STOXX 600 index lost 0.63 percent and deadpool mask cufflinks MSCI’s gauge of stocks across the globe shed 1.58 percent, The STOXX still managed a weekly gain of 0.5 percent, while MSCI’s index is down nearly 5 percent over the past two weeks, Despite the weak global data, U.S, data was solid and the dollar strengthened, as consumer spending gathered momentum in November, while industrial production rebounded and further cemented expectations the Federal Reserve will raise interest rates at its Dec, 18-19 meeting..

The dollar index rose 0.4 percent, with the euro down 0.51 percent to $1.1303. Britain’s pound once again weakened after two days of gains, as Prime Minister Theresa May said further assurances on her Brexit deal were possible after European Union leaders told her they would not be renegotiating the agreement and scorned her stilted defense of Britain’s departure. Sterling was last trading at $1.2581, down 0.58 percent on the day. Benchmark 10-year U.S. Treasury notes last rose 5/32 in price to yield 2.8949 percent, from 2.911 percent late on Thursday.

WASHINGTON (Reuters) - CVS Health Corp (CVS.N) deadpool mask cufflinks defended on Friday an agreement with the U.S, Justice Department which allowed it to purchase health insurer Aetna for $69 billion, a settlement that a federal judge is still assessing, The Justice Department approved the merger of CVS, a U.S, pharmacy chain and benefits manager, and Aetna in October on condition that Aetna sell its Medicare prescription drug plan business to WellCare Health Plans Inc (WCG.N), That sale was completed in November, Now, the Justice Department and companies have found themselves in the unusual position of defending their antitrust settlement to a skeptical federal judge, Most judges approve consent decrees aimed at resolving competition concerns with no fanfare, and deals normally close before the judge rules..

But Judge Richard Leon of the U.S. District Court for the District of Columbia wrote in an order that he was “less convinced” than the government that the agreement would resolve antitrust concerns. He also has seemed annoyed that CVS closed its purchase of Aetna in October before his ruling. In its brief, filed on Friday, CVS said that the deal had been extensively reviewed and urged the judge to allow the companies to continue integrating while he examines the settlement reached with the government.

CVS also noted that Aetna would be run separately from CVS, including decisions pricing and product offerings, during the court process, In its filing, the government urged the judge to allow the companies to press on with integration, saying he did deadpool mask cufflinks not have the power to stop the merger, only to reject the settlement, “The United States remains mindful of the court’s responsibility to independently determine whether the proposed settlement is in the public interest and looks forward to discussing why the settlement meets that standard,” the government said..

While CVS and Aetna operate in largely separate business segments, the deal attracted opposition from groups including the American Medical Association and independent pharmacists, represented by the Pharmacists Society of the State of New York and Pharmacists United for Truth and Transparency. The two pharmacist groups asked Leon to allow them to argue against the deal. “We are asking the court to stop the consolidation so that the concerns of patients, providers and consumers can be heard,” said Debbi Barber, president of New York pharmacists.

WASHINGTON (Reuters) - The U.S, Trade Representative’s office on Friday officially changed the scheduled date of a tariff rate increase on $200 billion worth of Chinese goods to 12:01 a.m, EST (0501 GMT) on March 2, 2019 as the United States and deadpool mask cufflinks China pursue talks on trade and intellectual property, The change was made in a Federal Register filing from a previously scheduled effective date of Jan, 1, 2019 for the increase to 25 percent from 10 percent, The notice does not affect the 25 percent tariff rate already in place on $50 billion worth of Chinese technology items, including semiconductors, printed circuit boards and other electronic components, machinery and vehicles..



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