U.S.-China Trade Talks Boost Global Stocks

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Global stocks rose as investors cheered trade talks between U.S. and Chinese officials following weeks of escalating tensions

Global stocks rose Tuesday as investors cheered trade talks among senior U.S. and Chinese officials following weeks of escalating tensions between the world’s two largest economies.

Futures tied to the S&P 500 rose 0.4%, suggesting the benchmark index will advance to a fresh record after the opening bell in New York. The S&P 500 climbed for a third consecutive trading day Monday, boosted by investors’ optimism about a potential treatment for coronavirus.

 

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As usual it’s an announcement of maybe, sorta, or might happen. Just to boost stocks. But somehow never materializes. After years with this Administration it just never happens. But it makes $$ for investing but not for farmers or businesses...

U.S. is the only country in the world that is just a small island. Its entire economy is built on its own.

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