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What you need to know on Wall Street right now

Finance Insider is Business Insider's midday summary of the top stories of the past 24 hours.

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Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours.

A fierce battle over healthcare reform within the Republican Party is causing Wall Street to sharply reassess its optimism about President Donald Trump's economic policy agenda, as evidenced by the sharpest sell-off in stocks this year.

In related news, bank lobbyists who opened the Trump era with great expectations for sweeping regulatory reform are privately striking an increasingly dismal tone.

Money managers agree one trade is really crowded, but they're loading up on it anyway. And there's a problem in the auto loan market.

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In Wall Street news, here's the definitive ranking of investment banks in every business line. A top Barclays banker quit his job to fight for civil liberties. And here's a top Societe Generale banker on what New York's doormen reveal about doing business in America.

Sears just made an ominous prediction about its future — and now the stock is tanking.

In tech, GE Healthcare is planning to add 5,000 software engineers. Snapchat is proving its street cred with TV advertisers. Apple is abandoning its expensive image. Pinterest expects to make at least $500 million in revenue this year, but doesn’t have "current plans" for an IPO.

Here's what the CEO of Deloitte told her 15-year-old son when he asked if robots will take away his job someday.

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CREDIT SUISSE: Here are the "danger signals" we're watching that'll tell us when stocks have put in a top - The global equity strategy team at Credit Suisse thinks the bull market in stocks is not yet over. But that's not stopping them from contemplating what the end would look like.

American Airlines is reportedly investing $200 million in China's largest airline - American Airlines might be spending some serious cash in China.

Nike sinks after missing estimates on an important gauge of future sales - Nike shares fell 6% early on Wednesday after the company reported quarterly profits that topped the most bullish forecast on Wall Street but sales that slightly missed expectations.

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Google made an unusual move by investing millions in this Pittsburgh storage startup - Nine-year-old Pittsburgh-based data center storage company Avere Systems announces a new $14 million round of funding, with participation from its existing Silicon Valley venture investors and from Google.

PIMCO: The odds of a "full-blown trade war" are lower than they were four months ago - Pimco, the investment-management firm, has released its latest cyclical outlook for the global economy during the next 12 months.

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