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China expectedly keeps benchmark lending rates steady as Beijing assesses stimulus measures
The People’s Bank of China said it would keep the one-year loan prime rate at 3.1%, while holding the five-year LPR at 3.6%.
Stock futures are near flat as U.S.-China trade talks continue, May inflation report looms: Live updates
The S&P 500 finished higher on Tuesday for a third straight session, with trade talks between the U.S. and China still ongoing in London.
Defense stocks could be caught between Trump’s trade war and big military spending plans
American defense contractors typically supply the U.S. military, but they can also send their products to foreign militaries.