Trump says U.S. trade deal with China is done
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Stock Market Today: U.S.-China Trade Talks in Spotlight
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Stocks haven’t been this expensive relative to bonds in almost 25 years. Is a market downturn next?
Wall Street digested the progress on US-China trade negotiations and braced for the release of the May consumer inflation report.
In addition to inflation and US-China trade, a key bond auction is on investors' radar. A $22 billion sale of 30-year bonds is scheduled for Thursday.
After two days of talks in London, the U.S. and China late Tuesday agreed on what they called a framework to get a May trade truce back on track. Investors yawned, with U.S. stock-index futures a shade lower Wednesday morning.
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Investors were digesting a softer-than-expected inflation reading and assessing a US-China plan to salvage their trade truce.
The latest Consumer Price Index report showed inflation rose slightly to 2.4%. Meanwhile, Trump said the U.S. and China have reached a trade framework. Follow along for live updates on the Dow, S&P 500,
Stocks were headed for losses on Wednesday after a plan by China and the U.S. to get trade negotiations back on track left investors feeling underwhelmed. Inflation data later in the morning could [te
Sensex dipped 53.49 points while Nifty ended flat on Tuesday, as profit booking in financial stocks outweighed gains from U.S.-China trade optimism and RBI support, despite selective buying in IT and pharma sectors.