Reported 1 day ago
Stocks rebounded after President Trump and Chinese President Xi Jinping discussed trade disputes for over 90 minutes, leading to optimism about a future high-level trade meeting. The S&P 500, Nasdaq, and Dow Jones posted gains, despite ongoing concerns over China's rare earth mineral export licenses. Despite initial losses, trading futures indicated a modestly higher opening, while the U.S. trade deficit showed an unexpected decline, signaling some positive economic movement amidst signs of a cooling job market.
Source: YAHOO