Stocks rise as US-China trade talks enter the 'final stages'

Stocks rose on Monday as trade talks between China and the U.S. neared the finish line, increasing expectations that a deal between the two countries could be on the horizon.

"Markets expect a deal by the end of March, but the key here will be whether the deal results in the removal of all tariffs," said Tom Essaye, founder of The Sevens Report."The reports this morning imply that might happen, but it will have to become reality for US-China trade to provide a sustainable positive catalyst for stocks."

However, the U.S. wants the ability to re-impose levies on Chinese goods if talks fail on enforcement mechanisms on intellectual property theft and related matters. According to sources, this is not sitting well with the Chinese. "The news has been priced into U.S. equities," said John Davi, chief investment officer at Astoria Portfolio Advisors."But if you take a step back, positioning is still pretty light in U.S. equities, so even though we think everything is priced in, we could rally a little bit more. People haven't re-risked their portfolios since December. If you look at fund flows … it's still very light on the positioning side for U.S. stocks.

There is no closer, as there is no deal date

It was quite an up and down day on Wall Street. Stocks closed lower, though they rose a bit from the highs of the day.

couldn't agree with Aventador480 more. plus this administration has a rather poor record of speaking the truth so i'm skeptical of their sources. i wonder if the market has priced in a Trump impeachment. it seems to ignore this possibility.

I’ll take it but how many times can we rally on the same story? Haha

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

U.S. stocks open higher on reports that U.S.-China trade deal is nearSell the market when the deal is clinched.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Stocks jump on signs U.S., China close to trade dealAsian shares gained on Monday on reports the United States and China were close ... One day, that headline will come home… He stoked and android setups Microsoft good quality app application and I have make when feeling distortion Thank u! Cha Ching
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Stocks rally as U.S., China inch closer to trade dealAsian shares started the week on the front foot on signs the United States and C... let's pray it's true. Market will explode when new deal is announced classical swing of the financial markets to try to direct an agreement according to personal advantages.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Stocks set to rise | Optimism for US-China trade deal | Another Democrat enters 2020 raceStock futures are set to extend Friday's gains on optimism of a U.S.-China trade deal. A little bit tired with that OPTIMISM At least green today Our world finally has a balance of power. Blessed is the Peace of the world.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks climb on reports a trade deal will soon be finalizedStocks are rising to start the week amid reports the U.S. and China are at the end stages of a trade deal. Great, we'll be able to export more to a country that's printed the lowest GDP number in....28 years. doa
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

U.S. stocks close mostly weaker in a busy day of congressional hearings
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Foreigners Snap Up Smaller China Stocks Ahead of MSCI MoveForeign investors have piled into shares of technology-focused companies and other smaller stocks in China, encouraged by their likely inclusion in MSCI’s global benchmarks.
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »