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Stocks Extend Gains as US Lawmakers Reach Deal to Avoid Government Shutdown

Martin Baccardax

Global stocks trade firmly higher as investors cheer positive signals from U.S.-China trade talks and a tentative deal to avoid a second U.S. government shutdown. Global oil prices edge higher, but remain range-bound amid the offsetting influence of record U.S. production, OPEC cuts and slowing global growth. U.S. equity futures suggest a triple digit gain for the Dow ahead of earnings from Activision Blizzard, Under Armour and Molson Coors.