• European stocks rise, Asian indexes pauseFutures for the S&P 500 rose 0.5%, while Dow Jones Industrial Average futures gained 0.4% Wednesday. The contracts don’t necessarily predict moves after the opening bell.
President Trump and Chinese President Xi Jinping are expected to meet at the G-20 in Japan later this week, in a what is seen by analysts as an important moment in the trade dispute between the two nations. Fed officials “wanted to prevent markets from running into too much exuberance on the rate cut story…It’s a game with communication and playing with expectations to bring markets a bit back into more reasonable ranges,” he said.
Bitcoin extended its record rise, breaking above $12,000 as cryptocurrencies have benefited since Facebook said last week it planned to launch its own digital currency. Bitcoin reached $12,663 Wednesday.
NeilREllis RodAVanier RCollishaw RosaP_LA kevinsky joeleberman ishat_reza gobychristine Bhsteeler BobSaroya First_Focus aecfkidscount ChildrensRights AndrewScheer jfrobergeQc francoislegault JustinTrudeau
The trade deal's already baked into the cake, as every investor assumes it'll come along eventually, the market sees the future, or tries to anyway.
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