China, Wall Street
Digest more
Wall Street was on track to open with losses as the initial euphoria over the 90-day truce in the U.S.-China trade war faded.
U.S. stocks are holding relatively steady following a report that showed inflation unexpectedly slowed across the country last month. The S&P 500 was little changed early Tuesday. The Dow Jones Industrial Average fell 198 points,
Japanese Finance Minister Katsunobu Kato drew attention by mentioning that the country’s more than $1.1 trillion in U.S. Treasury bonds could potentially be a “card on the table” in negotiations with Washington over Trump’s steep tariffs on autos and other imports.
China’s exports surged as shipments to Southeast Asian countries soared, offsetting a sharp drop in outbound goods to the U.S. as prohibitive tariffs kicked in.
A top Chinese official has been asking what the Trump administration wants Beijing to do about the chemicals used to make the deadly drug fentanyl, in a possible sign that the trade war between the world's two largest economies is thawing.
WASHINGTON (Reuters) – Beijing is considering ways to address the Trump administration’s concerns about China’s role in the fentanyl trade, potentially providing an off-ramp from hostilities to allow trade talks to start, the Wall Street Journal ...
(Reuters) - Wall Street’s main indexes were on track for a mixed open on Tuesday, as investors assessed the latest inflation numbers and their impact on monetary policy after markets came off sharp gains from the temporary Sino-U.S. trade truce.
23hon MSN
Asian shares advanced Tuesday after China and the United States announced a 90-day truce in their trade war , but the gains were tempered by uncertainties over the longer term, as analysts warned President Donald Trump’s policies could still quickly change.