US earnings and debt hopes propel rally


Strong results from Apple and IBM along with signs of progress in US debt negotiations have given shares a leg up

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China calls on US to ‘protect investors’


Beijing urges Washington to ‘adopt responsible policies’ on its debt ceiling, amid signs it has reduced its purchases of Treasuries

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Obama backs deal on US debt


There was new hope on Capitol Hill that a sweeping deal to increase US borrowing authority and slash the nation’s deficits by $3,700bn over ten years was within reach

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