also hit an all-time high, leading other tech names higher, while airline and cruise operator stocks jumped amid enthusiasm on the coronavirus front.
Another boost to stock markets comes after news that U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchinwith Chinese Vice Premier Liu He to "discuss implementation of the historic Phase One Agreement between the United States and China," according to a USTR statement released Monday evening stateside. The conversation was also confirmed by Chinese state media agency Xinhua.
According to the USTR: "Both sides see progress and are committed to taking the steps necessary to ensure the success of the agreement." Markets are also following developments in the coronavirus pandemic. Scientists and public health officials said Monday they are skeptical convalescent plasma is an effective treatment for patients hospitalized with
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Asian stocks mostly higher as trade, virus treatment hopes lift moodAsia's stock markets were mostly higher on Tuesday as investors cheered signs of progress in U.S.-China trade negotiations and following a fresh Wall Street rally.
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Source: WSJ - 🏆 98. / 63 Read more »
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