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Wall Street set to rebound as deals, earnings hope dim trade fears

Reuters 

By Amy Caren Daniel(Reuters) - The three main U.S. indexes were set to open higher on Thursday as oil prices rose and a couple of big deals helped rekindle optimism and offset fears of a Sino-U.S. trade war.Broadcom fell 12.3 percent in premarket trading after the chipmaker's $18.9 billion deal to buy business software maker CA Inc caught investors and analysts by surprise. CA's shares jumped 18.1 percent.Comcast, up 0.4 percent, made a $34 billion bid for Sky, trumping an offer from 21st Century Fox. Shares of Rupert Murdoch's company gained 0.4 percent.Markets were rattled on Wednesday ...

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First Published: Thu, July 12 2018. 18:59 IST
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