Stocks Climb as Investors Look to China-U.S. Trade Talks - News Summed Up

Stocks Climb as Investors Look to China-U.S. Trade Talks


Stocks rose on Monday, buoyed by the efforts of central bankers to ease economic worries, as investors watched for developments in trade talks between the United States and China. Trade negotiators from Washington and Beijing began discussions aimed at reaching an agreement that would end a trade war between the two countries. The United States and China have agreed to a standstill until early March so that they may reach a deal. As the trade war continues, however, investors have grown worried about its economic impact as well as the risk to corporate profits. And the rising cost of imports is also affecting businesses in the United States.


Source: New York Times January 07, 2019 09:00 UTC



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