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WALL STREET INSIGHT

Scepticism remains over the scope of Phase One US-China trade deal

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It's unclear how long global trade and economic growth can continue in the current protectionist environment, but the US and China seem determined to find out.

US STOCKS rose to new record highs last week after US and Chinese leaders finally signed the "Phase One" trade deal and earnings reports topped modest expectations.

But gains were limited by scepticism about the scope of the trade deal and the sustainability of what soon could be the...