Global stocks surge on trade-war hopes after Wilbur Ross says talks are 'making good progress'

Global stocks soared on hopes for a trade deal on Monday after US Commerce Secretary Wilbur Ross said talks were"making good progress." According to Bloomberg, Ross said at a business forum that the US and China were"very far along." Ross also made comments about US licenses to sell to Huawei and tariffs on automakers, helping lift stocks higher. View Business Insider's homepage for more stories.

Global stocks soared on hopes for a trade deal on Monday after US Commerce Secretary Wilbur Ross said talks were"making good progress." According to Bloomberg, Ross said at a business forum that the US and China were"very far along." Ross also made comments about US licenses to sell to Huawei and tariffs on automakers, helping lift stocks higher. View Business Insider's homepage for more stories.

Global Stocks rise on endless positive blathering. Algos are like that.

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Commerce Secretary Wilbur Ross says licenses for US companies to sell to Huawei coming 'very shortly'The fact that no licenses have been approved yet has raised some speculation that the White House was withholding them as leverage in China trade negotiations. and here I thought they said Huawei was a security risk Barrdog, trump's attourney ! Good deal. We need those cheap underwhelming phones
Source: CNBC - 🏆 12. / 72 Read more »