Stocks hit new peaks on trade deal as oil slips on demand worries
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NEW YORK (Reuters) - Key world stock market indexes climbed to new records on Wednesday on hopes a U.S.-China trade deal will reduce tensions, but oil prices slid on doubts the pact will spur world growth and boost crude demand.U.S. President Donald Trump and Chinese Vice Premier Liu He will sign a Phase 1 deal that will roll back some tariffs and see China boost purchases of U.S. goods and services, defusing an 18-month conflict between the world's two largest economies.Liu said the two sides..