US stocks are stuck in limbo as Wall Street waits to hear what US-China trade talks will bear
- Tokyo stocks rose on Tuesday for a third consecutive day as the Nikkei Stock Average gained 122.94 points following US-China trade talks in London.
- The ongoing trade talks stemmed from phone discussions between US and Chinese leaders, leading to substantive negotiations but uncertainty about specific agreements remained.
- Investors remained cautious ahead of key US inflation data this week, which many expect could influence Federal Reserve policy and market direction.
- Strategist Maki Sawada noted that apprehensions about deteriorating U.S.-China relations lessened following meaningful discussions between the two countries, although progress was limited due to ongoing uncertainties.
- The market showed tentative optimism with modest gains in US futures and Asian shares, but investors awaited further clarity on trade outcomes and inflation reports due later this week.
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Stocks drift closer to record
NEW YORK — U.S. stocks drifted closer to their all-time high Tuesday as the wait continued to hear what will come of trade talks between the United States and China.
·Cherokee County, United States
Read Full ArticleUS stocks near record high as Wall Street tracks US-China talks
NEW YORK, United States — U.S. stocks drifted closer to their all-time high on Tuesday as the wait continued to hear what will come of trade talks between the United States and China. The S&P 500 rose 0.5 percent as talks between the world’s two largest economies carried into a second day. READ: US, China
·Manila, Philippines
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Total News Sources164
Leaning Left37Leaning Right13Center49Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 37%
C 49%
13%
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