US stocks are rising ahead of the Fed's first rate cut in a decade, even as Donald Trump fans trade-war fears

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Trump's latest attack on China is 'slaughtering hopes' for progress in US-China trade talks, one analyst said.

US futures rose on Wednesday, fueled by expectations of the Federal Reserve cutting interest rates for the first time in a decade. However, Asian stocks fell and European stocks were mixed after Donald Trump accused China of undermining trade talks, dashing hopes for a deal. "That is the problem with China, they just don't come through," the US president tweeted."My team is negotiating with them now, but they always change the deal in the end to their benefit.

US futures rose on Wednesday, fueled by expectations of the Federal Reserve cutting interest rates for the first time in a decade. However, Asian stocks fell and European stocks were mixed after Donald Trump accused China of undermining trade talks, dashing hopes for a deal. "That is the problem with China, they just don't come through," the US president tweeted."My team is negotiating with them now, but they always change the deal in the end to their benefit.

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