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Wall Street rose on Monday on signs of progress in resolving the prolonged U.S.-China trade war, while a second straight session of declines for Boeing pressured the blue-chip Dow index.

Apple Inc has started selling its popular iPhone XR phones assembled in India, as it looks to expand its share in the world's second-largest smartphone market where it has struggled against cheaper products from rivals.

China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng said on Tuesday, and any problem could be resolved as long as both sides respected each other.

PetMed Express soared more than 30% on Monday after the online pet pharmacy said its quarterly profit topped Wall Street's estimates.

Asian share markets made guarded gains on Tuesday amid cheery chatter about the chance of a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit would still avert a hard exit for the UK.

Oil prices steadied a little on Tuesday, supported by signs of progress in talks on resolving the U.S.-China trade dispute, but gains were contained by lingering anxiety a slowdown in the global economy could hurt crude demand.

China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng said on Tuesday, adding that as long as both sides respected each other, no problem could not be resolved.

SoftBank Group offered nearly $10 billion on Monday to WeWork and its shareholders under a takeover plan that would keep the U.S. office-space sharing start-up afloat and lead to the exit of its Chairman Adam Neumann, sources said.

Asian share markets edged ahead on Tuesday amid cheery chatter about the chance of a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit would still avert a hard exit.

Colorado has decided to drop out of an effort by state attorneys general to T-Mobile US's merger with Sprint in exchange for 2,000 jobs, the Colorado attorney general's office said in a statement.

Raymond James raises its price target on Apple to $280 from $250 per share, ahead of earnings next week.

Wall Street firms including J.P. Morgan, Barclays and UBS began covering Peloton's stock with bullish forecasts.

UBS Group AG and the energy arm of Piper Jaffray Companies have cut staff in their oil and gas investment banking teams, three people familiar with the matter said on Monday, as U.S. dealmaking continues to dry up.

The chief executive of UniCredit has a plan to revive his company's ailing share price - make it less Italian.

U.S.-listed shares of Infosys Ltd fell nearly 16% in premarket trading on Monday after the Indian software services exporter said it had received whistleblower complaints alleging "unethical practices" by the company's executives.