The Presidential Daily Brief

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    Asian Markets Stabilize After US Declines

    Markets across the world’s early time zones provided some relief for jittery investors, stabilizing and even climbing a bit, including a 2.1 percent rise in Hong Kong’s Hang Seng index and a 3 percent boost for Taiwan’s TWSE. It was a much rosier scenario than Thursday in New York, where the Dow dropped 546 points and added to the worst two-day losses in eight months. Investors fretted over rising interest rates as well as trade war concerns — eased by news that U.S. and Chinese leaders would meet next month.

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