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World stocks pause at record peak as markets assess U.S.-China deal

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World stocks inched ahead to a record high on Thursday after the United States a...

TOKYO - World stocks inched ahead to a record high on Thursday after the United States and China signed an initial deal to defuse their 18-month trade war, though financial markets were wary as a number of thorny issues remained unresolved.

The Phase 1 deal however does not fully eliminate the tariffs while the $200 billion purchase targets, which include energy, farm and manufacturing products, look daunting to achieve. On the Wall Street, the S&P 500 closed at a record high of 3,289.3 points, up 0.19%, with gains fairly small after the market has rallied for months on hopes of a deal.

The 10-year U.S. Treasuries yield slipped to one-week low of 1.780% compared with a high of 1.900% last Thursday and last stood at 1.793%.

 

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Trump got steam rolled by the Chinese. Again.

I had no idea it could pause. thought it was called free fall.

Time for the US to crash in 5...4...3...2...

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Record high stocks pause to gauge China-U.S. trade outlook, company earningsRecord high stocks pause to gauge the U.S.- China trade outlook and company earnings Meanwhile the working class can’t even afford their survival. Take your stocks and shove them!
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