Senior U.S. and Chinese officials are scheduling two more rounds of face-to-face trade talks in an effort to reach a deal that President Donald Trump and his Chinese counterpart Xi Jinping could possibly sign by late May, a person familiar with the plans said. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin plan to travel to Beijing the week of April 29, according to the person, who spoke on condition of anonymity to discuss internal deliberations.
benchmarks drifted lower into the close. The S&P 500 fell to a one-week low as the drop in health-care providers extended amid concern about policy changes and the latest batch of corporate earnings did little to boost confidence in the economy. The yield on 10-year Treasuries was virtually unchanged after climbing to a four-week high and the dollar fell amid data showing the U.S. trade gap unexpectedly narrowed.
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