US: Stocks gain ahead of trade talks

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[NEW YORK] Wall Street stocks shrugged off two weak sessions and won solid gains Wednesday on more upbeat sentiment ahead of key US-China trade talks. Read more at The Business Times.

Wall Street stocks shrugged off two weak sessions and won solid gains Wednesday on more upbeat sentiment ahead of key US-China trade talks.[NEW YORK] Wall Street stocks shrugged off two weak sessions and won solid gains Wednesday on more upbeat sentiment ahead of key US-China trade talks.

But stocks were in positive territory the entire day on Wednesday following reports that a pared-down agreement was still possible. The rally faded a bit near the end of the session following less upbeat headlines on the talks.Market voices on: "Investors are trying to ascertain whether the administration will settle for face-saving piecemeal agreements or hold out for a broad, sweeping concession. The markets will likely cheer the former but cringe at the latter."

 

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