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Stocks Snap Long Win Streak
LONDON (Reuters) - World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on U.S. inflation was set to refine the odds of an early cut in interest rates there.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 6, 2019.
REUTERS/Staff Europe’s main markets and Wall Street futures both followed Asia lower.
Nike has been a solid performer in 2019, but the gains may not be over. The stock is up 26% year-to-date, outpacing the S&P 500's yearly gain of 25%. But "As a result of rolling forward our discounted..