Oil prices steadied on the last trading day of the decade on Tuesday and were on track for a monthly and annual gains, supported by a thaw in the prolonged U.S.-China trade dispute and Middle East unrest.
Global equities drifted on Tuesday while the dollar ended 2019 on a subdued note following a buoyant year of stock market gains, driven in recent weeks by hopes of an imminent U.S.-China trade deal.
U.S. stock index futures dipped on Tuesday after retreating from record highs in the previous session, as a Wall Street rally, fueled by optimism around U.S.-China trade progress, fizzled out in the final days of the decade.
A Tencent-led consortium is taking a 10% stake in Vivendi's Universal Music Group, valuing the music label that houses Lady Gaga and The Beatles at 30 billion euros ($34 billion) and giving the Chinese firm a global backstage pass.
Singapore's state investor GIC is part of the consortium led by China's Tencent that's buying up to 20% of Vivendi's Universal Music Group (UMG), according to a source familiar with the deal.
Qatar Investment Authority (QIA) is another member of the Tencent-led consortium buying a 10% stake in Vivendi's Universal Music Group, a source familiar with the deal said on Tuesday.
The euro, the pound and a clutch of trade-sensitive currencies rallied as the dollar slid to a six-month low on Tuesday, with investors confident that global growth prospects are improving and U.S.-China trade relations significantly better.
Apple and Microsoft together accounted for nearly 15% of the S&P 500's advance in 2019, according to S&P Dow Jones Indices.
Turkish Airlines has agreed a compensation deal with planemaker Boeing Co over the grounding of the Boeing 737 MAX following two fatal crashes, the carrier said on Tuesday.
These 10 stocks are Wall Street's favorite picks in the Dow Jones Industrial Average.
Oil fell on the last trading day of the decade on Tuesday but was still on track for monthly and annual gains, supported by a thaw in the prolonged U.S.-China trade row and Middle East unrest.
Nissan ex-boss Carlos Ghosn entered Lebanon legally and will not face any legal consequences, Lebanon's General Directorate of General Security said on Tuesday, according to the state news agency NNA.
"We're just waiting for the Chinese translation of the 86-page agreement," Navarro said.
As wage increases fail to keep pace with inflation, employers are rethinking benefits to recruit and keep top talent. For employees, generous paid time off and flexibility matter more than other benefits.
"I'm looking forward to a great 2020," the White House trade advisor tells CNBC. "I'm seeing closer to 3% real GDP growth than 2%."